Continuation of body corporate established under repealed Act as foundation

In force

(1)

A body corporate established under the repealed Act, section 7 and in existence immediately before the commencement continues in existence as a foundation established under section 12 of this Act.

(2)

A regulation may state the name of a foundation mentioned in subsection (1).

This Act’s bill:Explanatory memorandum Second reading speech

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86 Continuation of body corporate established under repealed Act as foundation