Living Marine Resources Management Act 1995

The Minister may acquire by bequest or donation any property for the purposes of this Act.

The Minister may agree to a condition to which any bequest or donation is subject if it is consistent with the purposes of this Act.

The rule of law relating to perpetuities does not apply to any condition to which the Minister has agreed.

Any property acquired under this section, to the extent to which it has not been applied in conformity with any bequest or donation, passes to, and devolves on, the successors in office of the Minister.

If the Minister has agreed to a condition, that condition binds the property in the hands of any successor in office of the Minister in whom the property may be vested.