88
In forceReplacement of objects registered under repealed Act
Part 9Repeal and transitional provisions
Division 2Transitional provisions
88 Replacement of objects registered under repealed Act
(1)
A continued foundation must, within 3 months after the commencement, give the chief executive notice of the objects for the foundation that are consistent with the objects mentioned in section 7 to replace the objects registered for the foundation under the repealed Act, section 9.
(2)
The board of a foundation may, within the period mentioned in subsection (1), apply, under section 22, to change an object of the foundation.
This Act’s bill:Explanatory memorandumSecond reading speech
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