34
In forceGifts etc. and trust funds
Part 8Property, finance, audit and annual report
34 Gifts etc. and trust funds
(1) In exercising its powers to acquire, hold, deal with or dispose of real or personal property, the University may agree to and carry out the conditions of a gift, grant, bequest, devise, purchase, lease or other means by which it acquires or holds property.
(2)
The University may create and administer trust funds:
(a)
for the purposes of subsection (1); or
(b)
for any other purpose.
This Act’s bill:Second reading speech
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