Barrister AI
All legislation
TASAct
In force
This is the latest official compilation.Check the official source →
s 14

Winding up of original trust

In force
Part 4Miscellaneous and supplemental

14 Winding up of original trust

The original trustees shall, as soon as practicable after the establishment of the Trust, pay the unexpended balance of the Fund to the Trust to be held by the Trust for the purposes of this Act and on that payment –

the original trustees shall be freed and discharged from the trusts to which that money is subject; and no action may be brought in respect of the administration in good faith of those trusts before the commencement of this Act.

Research tools for this sectionPro

The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.

Section 14 — Winding up of original trust — Tasmanian Beef Industry (Research and Development) Trust Act 1990 (Tasmania) — Barrister AI