Australian Capital Territory Current Acts

SALVATION ARMY PROPERTY TRUST ACT 1934 - SECT 6

The Trustees may, for the purpose of securing such sums of money as they deem requisite or necessary for the purposes of The Salvation Army or the Social Work of The Salvation Army, mortgage to any person any land or interest in land vested in the Trustees:

Provided nevertheless that any moneys raised on any land or interest in land which shall for the time being be held upon trust for the Social Work of The Salvation Army shall only be used for the purposes of the Social Work of The Salvation Army.