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Legislation of the Anglican Church in Victoria |
(Replacing the Church Funds Act 1990)
No. 1, 1997
AN ACT
TO PROVIDE FOR THE MANAGEMENT OF THE
PROPERTY OF THE DIOCESE
Amended: No, 2, 2002
No. 9, 2003
No. 1, 2004
BE it enacted by the Bishop the Clergy and the Laity of the Anglican
Church of Australia within the Diocese of Wangaratta duly met
in Synod according
to law as follows:-
Repeal of Church Funds Act 1990
1. The Act of this Synod known as The Church Funds Act 1990 shall be repealed except as to every operation effected by or act done under the said enactment or as to any right, title or obligation or liability already acquired or accrued thereunder.
Short title
Amended:
Act No. 2,
2002
Act No. 8, 2003
Act No. 1, 2004
2. This Act may be cited as The Church Property Act 1997-2004.
Interpretations
Amended:
Act
No. 2, 2002
3. In this Act the following terms unless a contrary intention appears or if not inconsistent with the context shall have the meanings hereinafter respectively assigned to them:
“Church” shall be taken to designate and apply to the Church
known as The Anglican Church of Australia in the Diocese
of Wangaratta.
“Common Fund” means the Common Fund which the Synod by resolution
passed on 16th September 1986, authorised the Trusts
Corporation subject to the
directions (if any) of the Synod in its discretion to invest any express moneys
held in its hands whether
or not they are subject to any trust:
(a) on the separate account of the trust or person; or
(b) (if the moneys are not directed by the terms of the trust to be invested
in some other specified manner and investment in a Common
Fund is not
specifically prohibited by the terms of the trust governing these moneys) as
part of a Common Fund established and kept
in the books of the Trusts
Corporation.
“Diocesan Fund” means the fund into which all moneys of the
Church held by the Trusts Corporation, not being subject to
any trust or not
given or raised and received for an express purpose or not being parochial
funds, together with the income therefrom
are credited.
“Property” means land promised or reserved by the Crown for any
of the purposes of the Church and all property real and
personal including money
and securities for money held by or vested or purporting to be vested in or
claimable by any person or persons
either in trust generally for the Church or
for any special purpose in connection therewith or for any benefit or use of the
members
thereof as such or of any person or persons holding for the time being
office therein.
“Trusts Corporation” means The Wangaratta Diocesan
Trustees.
Management of the property subject to express trust
4. All property and the income therefrom held by The Trusts Corporation or in any manner acquired by it subject to any express trust shall becoming vested in the Trusts Corporation be held managed dealt with mortgaged charged or otherwise encumbered by the Trusts Corporation in conformity with such express trust and so far as is consistent therewith in such manner as may be determined from time to time by the Bishop in Council. For the purposes of this Act parochial moneys held by the Trusts Corporation pursuant to sub-section (2) of Section 129 of the Parish Administration Act 1984-1995 are deemed to be moneys held on express trust.
Management
of property
not subject to
express trust
5. All property of the Church not subject to any express trust shall be vested in the Trusts Corporation and shall be held managed dealt with mortgaged charged or otherwise encumbered in such manner as the Bishop in Council may from time to time direct and such property shall be subject as to management of all or any parts thereof to the regulations of the Bishop in Council in force for the time being which are applicable thereto.
Sale of land
6. Land of the Church not held on any express trust may not be sold otherwise than in accordance with the provisions of Section 17 of the Parish Administration Act 1984 -1995.
Property held for express
purpose
7. Any property voluntarily given to or raised for and received by the Church for any express purpose and the income arising therefrom shall be applied to that purpose.
Diocesan Fund
8. The Diocesan Fund shall be chargeable primarily with:
(a) the stipend and allowances for the Bishop
(b) the stipends salaries and allowances for clerical and lay officers and other persons performing or engaged in authorised diocesan duties
(c) the costs associate with the Bishop’s registry and diocesan administration and management
(d) grants for purposes of the Church within the Diocese generally
(e) for sinking or reserve funds in relation to property
(f) for the payment of any other moneys directed by the Synod to be made out of the Diocesan Fund
Diocesan fund
for mission
9. For the mission of the Church within or without the diocese there shall be established a fund to be known as the Diocesan Trust Fund for Mission.
This fund
(a) shall comprise:
(i) the income from any trust held by the Trusts Corporation specifically for the mission of the Anglican Church; and
(ii) moneys voluntarily given or raised and received from any parish or church agency or from any person for the general or specific mission of the Anglican Church
(b) shall be appropriated by the Bishop in Council in its discretion from time to time
(i) as to any sum or sums specifically designated to such designated mission agency
(ii) otherwise to the mission of the Anglican Church outside the diocese through Anglican or other Christian mission agencies
(iii) to the mission of the Church within the Diocese which may include without affecting the generality thereof
(1) Stewardship support services
(2) pastoral extension
(3) support of personnel from the Diocese of Wangaratta serving in missionary
dioceses
(iv) to emergency charitable causes
Investment
of
monies
Amended
No. 8, 2003
10. It shall be lawful for the moneys held by the Trusts Corporation whether or not they are subject to any express trust, in pursuance of its power to manage and deal with them, to be invested by the Trusts Corporation (unless otherwise regulated or prevented by the terms of any trust) on the separate account of any trust or person in the manner specified by the terms of the trust or by the person but otherwise in the manner authorised by the Trustee Act 1958 or in a Common Fund in the manner and subject to the conditions prescribed by Section 12A of Act No 797 of 1884 and any such investment or part or parts of it may be sold and the proceeds therefrom re-invested in like manner provided that not more than five per centum of the total market value of these investments is held in the shares, stocks, debentures or units of any one company or unit trust as the case may be, except where any such investment is in any one or more registered managed investment schemes, in which case it is provided that not more than fifty per cent of the total market value of these investments is held in any one registered managements investment scheme or schemes. For the purposes of this Section, a registered managed investment scheme means a scheme registered under the provisions of The Managed Investments Act 1998 (Commonwealth of Australia)
Registers
11. The following registers shall be held in the Bishop’s registry and maintained up to date:
(1) Register of lands owned by the diocese, to include:
Parish
Property situated
Date of document
Nature of document
Document details
Measurements or area
Description
Encumbrances
Date of acquisition
How acquired and from whom (with last known address)
Trusts affecting title
Improvements
Later improvements, date and cost
Cross references: minutes (Synod or Bishop in Council and Register of Faculties)
Title located at
National Trust or Heritage Status
(National Trust, Australian Heritage, State Heritage or Local environment)
Title temporarily at
Disposal details
Date
Purchaser/Transferee
(2) Register of Express Trusts
The property the
subject of the trust
Date of acquisition and how acquired
Name of deceased or donor and last known address
Beneficiary of the trust
Purpose of the trust and other relevant details including whether perpetual or not
Separate investment and if so in what or in Common Fund
(3) Register of devises, legacies and bequests for general purposes of the Church:
The property given
Date of acquisition
Name of deceased or donor and last known address
Beneficiary of the gift
Purpose of the gift or any conditions or other relevant details including whether perpetual or not
Application of the gift
Audit
12. An audited income and expenditure account and statement of assets and liabilities of property held by the Trusts Corporation for the preceding financial year shall be laid before the Synod at each annual session thereof.
Auditor
13. The Bishop in Council for the purposes of this Act on the recommendation of the Trusts Corporation shall appoint annually one or more qualified persons to act as diocesan auditor or auditors and it shall determine the remuneration to be paid.
14. In exercise of the powers given to it by the Synod to manage and deal with the property of the Church the Bishop in Council is empowered to confer authority to so do to a finance committee appointed as agent by it and to employ such other agent or agents competent to act in such capacity and on such terms and conditions and in such manner as it in its sole discretion shall determine.
Agent or agents
Amended:
Act No. 1, 2004
Passed: 8th
September 1990
Assented to: 10th September 1990
Act Amended No. 2, 2002
Passed : 31st May 2002
Assented to : 31st May 2002
Act Amended No.
8, 2003
Passed : 31st May 2003
Assented to : 13th June 2003
Act
Amended No. 1, 2004
Passed : 18th September 2004
Assented to : 20th September 2004
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URL: http://www.austlii.edu.au/au/legis/vic/anglican/cpa1997d350