Walker Trusts Act 1938

All land and other property vested in or held by the trustee of the Yaralla Cottages immediately prior to the commencement of this Act shall vest in the body corporate named The Yaralla Cottages Trust created by this Act for all the estate and interest therein previously held by the trustee of the Yaralla Cottages therein and the body corporate shall be entitled to all the powers authorities and discretions and be subject to all the trusts and obligations respectively to which the trustee of the Yaralla Cottages was entitled or subject immediately prior to the commencement of this Act.