Queensland Consolidated Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]
ABORIGINAL LAND ACT 1991 - SECT 248
Nature of land trust
248 Nature of land trust
(1) A land trust— (a) is a body corporate with perpetual succession; and
(b) has a seal; and
(c) may sue and be sued in its corporate name.
(2) A
land trust has all the powers of an individual and may, for example— (a)
acquire, hold and dispose of property; and
(b) borrow, receive and spend
money; and
(c) employ staff, and engage consultants, necessary for the
performance of its function.
(3) The land trust’s seal— (a) is effective
only if the land trust’s name is inscribed on the seal in legible
characters, but the seal may include other words; and
(b) is to be kept by a
person who is authorised by the land trust for that purpose; and
(c) may be
attached to a document only with the written authority signed by— (i) if the
land trust consists of 1 member—the member; or
(ii) if the land trust
consists of no more than 3 members—the chairperson of the land trust and at
least 1 other member; or
(iii) in any other case— (A) the chairperson and
at least 2 other members; or
(B) at least 3 members.
(4) Judicial notice
must be taken of the seal on a document.
(5) A document marked with the seal
must be presumed to have been properly sealed, unless the contrary is proved.
AustLII: Copyright Policy
| Disclaimers
| Privacy Policy
| Feedback