Anglican Church of Australia Trust Property Act 1928
8Property vested in separate trustees
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8 Property vested in separate trustees (1) On the election of separate trustees for any church trust property that property shall, because of the election and without other assurance in the law, become vested in the separate trustees in the place of the trustees of the property for the time being, and the separate trustees shall, in relation to that property, have the same powers, authorities and discretions, and shall in all respects act as if they had been originally made trustees on the creation of the trust. (2) On the appointment of an incorporated company as the separate trustee of any church trust property, that property shall, because of the appointment and without other assurance in the law, become vested in the separate trustee in the place of the trustees of the property for the time being, and the separate trustee shall, in relation to that property, have the same powers, authorities and discretions, and shall in all respects act, as if it had been originally made trustee on the creation of the trust. (3) In the application of the provisions of this Act in relation to church trust property vested in an incorporated company under subsection (2), references to the trustees of church trust property are references to the separate trustee of that property.
Section 8A page 6 Anglican Church of Australia Trust Property Act 1928 R3