103Authority perpetual care trust—establishment

103 Authority perpetual care trust—establishment (1) A trust (the authority perpetual care trust) is established. (2) The authority perpetual care trust may be used only for the maintenance of a closed facility. (3) The authority perpetual care trust is— (a) taken to be a charitable trust established for public trust charitable purposes; and (b) not-for-profit. (4) A regulation may prescribe a kind of expenditure as expenditure that is, or is not, expenditure for the maintenance of a closed facility. closed facility means a facility that was closed in accordance with a declaration made under section 116A (2).