4Power to sell land at Macquarie Street, Hobart

4 Power to sell land at Macquarie Street, Hobart

(1)  Notwithstanding the trusts contained in the Indenture, the Corporate Trustee may, with the consent of the Rector and Churchwardens for the time being of the Parish, sell by private contract the land shown as lot 3 on the plan in exchange for the land shown as lot 2 in the plan.

(2)  For the purposes of subsection (1) , the Corporate Trustee may, in addition to all other powers vested in it by law in that behalf, exercise all the powers conferred on trustees for sale by the Trustee Act 1898 , except the powers conferred by section 15 of that Act .