Validity of decisions of trustees
4E Validity of decisions of trustees
An act or decision of the trustees is not invalid merely because of—
a defect or irregularity in, or in connection with, the appointment of a trustee; or
a vacancy in the office of the trustees, including a vacancy arising from the failure to appoint an original trustee.
Anything done by or in relation to a person purporting to act as chairperson or as a trustee is not invalid merely because—
the occasion for the appointment had not arisen; or
there was a defect or irregularity in relation to the appointment; or
the appointment had ceased to have effect; or
the occasion for the person to act had not arisen or had ceased.
S. 4F inserted by No. 31/1999 s. 10.
This Act’s bill:Second reading speech
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