15
CurrentCorporate body may lease mortgage and sell
15 Corporate body may lease mortgage and sell
Except in so far as it may be shown to be expressly prohibited from so doing by the original trusts to which such property is subject any corporate body constituted under the provisions of this Act may lease for any term charge mortgage encumber give easements over alien exchange partition or sell any property vested in it and generally deal with the same as fully and effectually as if it were the beneficial owner thereof.
This Act’s bill:Second reading speech
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