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Council of Law Reporting Act 1969
12Power to acquire by gift, bequest or devise
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12 Power to acquire by gift, bequest or devise
12 Power to acquire by gift, bequest or devise
(1) The Council has power to acquire by gift inter vivos, bequest or devise, any property for any of the purposes of this Act, and to agree to and carry out the conditions of the gift, bequest or devise.
(2) The rule of law relating to perpetuities does not apply to any such condition to which the Council has agreed.
(3) Nothing contained in the Stamp Duties Act 1920 shall apply to any real or personal property of any nature or kind whatsoever comprised in any gift inter vivos, bequest or devise, made, or to be made to the Council.