Application of moneys held by corporation on behalf of churches that have ceased to exist
3 Application of moneys held by corporation on behalf of churches that have ceased to exist
The sums of money held by the corporation that are the proceeds of the sale by the corporation or by local trustees with the consent of the corporation, of church lands and premises at Charters Towers, Imbil, Maryborough, Roma and Tinana in the State and that are held, or purport to be held, by the corporation on behalf of churches of the Congregational Order at those places (including the church at Charters Towers formerly Charters Towers Welsh Church) which have been closed without directions having been given under the trusts thereof as set out in the schedule of trusts or under any other trusts applicable thereto as to the application of the said sums of money, shall be laid out or applied by the corporation in or towards such purpose or purposes whatsoever for the furtherance of Congregationalism anywhere in Queensland as the executive committee may direct including, but without limiting the generality hereof, the purchase or acquisition of lands (whether freehold or leasehold) and premises for church purposes, the erection, enlargement, rebuilding, improvement, furnishing and repair of church premises (including residences for Ministers whether situate adjacent to other church premises or not), the establishment and carrying on of church book depots and the sustentation of Ministers.
Where at any time after the passing of this Act, the corporation holds under trusts as set out in the schedule of trusts the proceeds of the sale of church lands and premises that were held by the corporation at or before the commencement of this Act on behalf of a church of the Congregational Order at any place in Queensland whereat the church as been closed without directions having been given in accordance with those trusts as to the application of those proceeds, the corporation shall lay out or apply such proceeds of sale in or towards such purpose or purposes whatsoever for the furtherance of Congregationalism anywhere in Queensland as the executive committee may direct including, but without limiting the generality hereof, the purchase or acquisition of lands (whether freehold or leasehold) and premises for church purposes, the erection, enlargement, rebuilding, improvement, furnishing and repair of church premises (including residences of Ministers whether situate adjacent to other church premises or not), the establishment and carrying on of church book depots and the sustentation of Ministers.
The provisions of subsections (1) and (2) shall apply notwithstanding the terms of the applicable trusts under which the said sums of money or proceeds of sale are held or purport to be held and, to the extent necessary to give effect to those provisions, those trusts shall be deemed to have been varied accordingly.
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