South Australian Numbered Acts

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STATUTES AMENDMENT (ARTS AGENCIES GOVERNANCE AND OTHER MATTERS) ACT 2010 (NO 19 OF 2010) - SECT 64

64—Insertion of section 38

After section 37 (as redesignated by section 63(3) of this Act) insert:

38—Gifts etc

        (1)         The Board may accept—

            (a)         grants, conveyances, transfers and leases of land from the Crown, an instrumentality of the Crown or any other person or body; and

            (b)         rights to the use, control, management or occupation of any land; and

            (c)         gifts of personal property of any kind to be used or applied by it for the purposes of this Act.

        (2)         A gift or bequest made to or for the benefit or purposes of—

            (a)         a library administered by the Board; or

            (b)         the governing body of such a library; or

            (c)         the former Institutes Association of South Australia; or

            (d)         institutes that were formerly members of that Association,

will be taken to be a gift or bequest to the Board and must be applied by the Board towards the purposes for which the gift or bequest was made.

        (3)         Despite the Stamp Duties Act 1923 , no stamp duty is payable on any instrument by which land or any interest in or right over land is granted or assured to or vested in the Board or on any contract or instrument executed by the Board for the purpose of disposing of any property.



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