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reg 22

Property to be held on trust

In force
Part 2Provisions about land trusts
Division 3Trust property

22 Property to be held on trust

A land trust is to hold, invest, use and distribute trust property—

(a)

for the benefit of the Torres Strait Islanders for whose benefit the land trust holds the trust property; and

(b)

in compliance with the Act and this regulation.

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