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HOSPITAL FOUNDATIONS ACT 2018 - SECT 74
Status of particular property on dissolution of foundation
74 Status of particular property on dissolution of foundation
(1) This section applies if— (a) a foundation is dissolved; and
(b) on the
dissolution, there is land— (i) granted, under the Land Act 1994 , in trust
to the foundation; or
(ii) reserved, under the Land Act 1994 , for the
purposes of the foundation.
(2) The land does not form part of the assets of
the foundation for its dissolution.
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