155
CurrentFunction and powers of land trust
Part 14Provisions about land trusts
Division 1Preliminary
155 Function and powers of land trust
(1)
The function of a land trust is to provide a legal entity by which the members of the land trust may perform functions under this Act.
(2)
A land trust may exercise all powers necessary or convenient to perform its function.
Note—
See also section 173 in relation to the application of the Trusts Act 2025.
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