The Act expressly interacts with at least two categories of law: the Libraries Act 1958 and other statutes that might otherwise affect the trustees' capacity to mortgage. The text uses overriding language in one provision and a saving clause in another. The Schedule also references land-registration entries, which links the statute to land titles legislation and registry practices.
Interaction with the Libraries Act 1958
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Removal of application (s 4). Section 4 provides that upon commencement "the said lands or the interest of the said trustees therein and the said trustees shall so far as they were subject to the provisions of the Libraries Act 1958 cease to be so subject." That is an express exemption from that Act's operation.
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Saving for prior borrowings (s 4). Section 4 qualifies the exemption by preserving "any obligation incurred by the said trustees in respect of moneys borrowed pursuant to that Act before such commencement." Thus, the Act interacts with the Libraries Act by disapplying it prospectively while keeping existing obligations intact. Any rights or remedies that arose under the Libraries Act before commencement remain enforceable to the extent they were incurred.
Interaction with other statutes affecting mortgages
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Broad override (s 3). Section 3 grants a mortgage power "Notwithstanding anything in any Act". This phrasing attempts to supersede any contrary statutory provisions that would restrict mortgage powers in respect of the land or trustees' interests. The word "notwithstanding" is a conventional legislative technique to prioritise the Act's provision over inconsistent statutory provisions.
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Practical effect. By using that override, Parliament intended the trustees to have an unfettered mortgage power so long as the Geelong Trades Hall Council approves. However, the precise outer limits of that override in practice depend on how later-enacted statutes or other legal doctrines operate. The Act's text does not specify a mechanism for reconciling conflicts beyond the override phrase; judicial interpretation in any dispute would determine whether a later-enacted or otherwise applicable statute is displaced.
Interface with land-registration and property law
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Schedule references to registry entries. The Schedule names memorials of conveyance numbers and certificates of title volumes and folios recorded in the Registrar-General's Office and the Office of Titles. Those references indicate that the statutory declarations in ss 2-4 are to be understood in the context of registered title records. The Act does not itself alter the mechanics of registration; rather it uses recorded instruments as identifiers of the land.
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Registration of mortgages. The Act authorises mortgages, but does not set out registration steps or modify land titles legislation. Mortgagees and trustees must operate within the registration and conveyancing law applicable at the time of any dealing.
No express interaction with trust law or fiduciary duties
- The Act declares that the trustees hold title on trust (s 2(2)) but does not itself enact or modify trust-law principles. Any duties or equitable obligations therefore operate through general trust and equity doctrines rather than being stated in statute.
Temporal and non-derogation points
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Preservation of pre-existing liabilities under Libraries Act (s 4) is a deliberate non-derogation point. It prevents the Act from extinguishing liabilities incurred under the Libraries Act prior to commencement.
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The "notwithstanding anything in any Act" language in s 3 is a direct attempt to provide a legislative shield against statutory restrictions on mortgages. How that interacts with statutes enacted after 1959 or with constitutional or municipal law ambiguous in the Act is a matter for legal interpretation where necessary.
In sum, the Act interacts directly with the Libraries Act 1958 by disapplying it from commencement for the trustees and the land, excepting earlier borrowings, and it attempts to override any statutory obstacle to mortgage powers by explicit "notwithstanding" language while leaving land registration, trust law and enforcement to the general legal framework.