12Officers and employees of the Trust

#### 12 Officers and employees of the Trust 12 Officers and employees of the Trust > > (1) The Trust may: > > > > > (a) appoint a chairman of the Trust (being one of the members of the Trust), and a secretary and treasurer of the Trust (neither of whom needs to be a member of the Trust) and also the time, place and procedure of all meetings of the Trust after the first, > > > > > (b) fix the terms of office of the chairman, secretary and treasurer of the Trust, > > > > > (c) retire or remove from office the chairman, secretary or treasurer of the Trust for such reason as it considers sufficient or in such circumstances as are defined by it, and > > > > > (d) define the functions of members of the Trust and of the persons for the time being holding the offices of chairman, secretary and treasurer of the Trust. > > > (2) Without affecting the generality of section 50 of the [Interpretation Act 1987](/view/html/inforce/current/act-1987-015), the Trust may: > > > > > (a) employ staff and make provision for payment of salaries, wages, expenses, allowances, superannuation, commissions, emoluments and other remuneration for the secretary, treasurer and staff of the Trust, and > > > > > (b) make provision for the payment of all other expenses and liabilities incurred in the exercise of its functions under this Act. > > > (3) Nothing in subsection (2) affects any requirement made by this Act with respect to property vested in the Trust. > > **s 12:** Am 1987 No 48, Sch 32.