South Australian Current Acts

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TRUSTEE ACT 1936 - SECT 53

53—Power of association holding land in trust for religious purposes to dispose of same

        (1)         Where land is held by an association for any religious purpose or for any purpose for the advancement of religion, whether upon trust or otherwise, then, notwithstanding that the deed or other instrument creating the trust or the rules or articles of the association do not contain any power to sell, mortgage, lease, transfer, or convey the land, or forbid any such transaction, it shall nevertheless be lawful for the association to sell, mortgage, lease, transfer, or convey the land upon such terms and conditions as the association thinks fit, subject, however, to the observance of the following conditions:

            (a)         the consent of the members of the association shall be obtained to every such transaction;

            (b)         the consent shall be obtained by a vote of the members of the association at a meeting called and held pursuant to not less than seven days' notice by post in that behalf duly given to every member of the association;

            (c)         the consent of the association shall not be deemed to have been given unless a majority of the members of the association voting at a meeting held as aforesaid consent to the transaction;

            (d)         the consent in writing of the Attorney-General shall be obtained to every such transaction.

        (2)         If any land is sold, mortgaged, leased, transferred, or conveyed as provided in subsection (1) hereof the association shall stand possessed of the net proceeds thereof (if any) upon trust to apply them for such religious purpose or such purpose for the advancement of religion as is determined by a vote of the members of the association ascertained in manner provided by subsection (1) hereof at any meeting called and held in manner provided by that subsection.

        (3)         For the purposes of this section "association" means any association which is incorporated or deemed to be incorporated pursuant to the Associations Incorporation Act 1929 .



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