Western Australian Consolidated Acts The
Council —
(a) may
act as trustee or manager of any property or moneys held on trust by the
University for the purposes of the University; and
(b) may
apply any property or moneys so held, and not immediately required for the
purposes of the trust declared in relation to the property or moneys, in any
way that is not inconsistent with the instrument creating the trust.
[Section 38A inserted by No. 70 of 2003
s. 26.]