South Australian Numbered Acts

HEALTH SERVICES CHARITABLE GIFTS ACT 2011 (NO 15 OF 2011) - SECT 15

15—Functions

The functions of the Board are as follows:

            (a)         to prudentially manage the charitable assets and apply such assets for the benefit of public health entities or otherwise in accordance with this Act;

            (b)         to act as a trustee in relation to certain other property in accordance with this Act;

            (c)         to determine, after consultation with any person or body considered appropriate by the Board, appropriate investment strategies for the charitable assets and other property vested in the Board under this Act;

            (d)         to consult with any person or body considered appropriate by the Board on the application of funds by the Board under this Act and, in the case of funds to be applied for the purposes of clinical equipment or research, to consult with any prescribed research body and any advisory committee established under this Act for the purpose of advising the Board on such an application of funds;

            (e)         to fulfil any fiduciary and other duties that arise out of the functions of the Board under this Act;

            (f)         to provide advice to the Minister as may be appropriate;

            (g)         to carry out other functions assigned to the Board by or under this or any other Act, or by the Minister.