19Acquisition of property by gift, devise or bequest

19 Acquisition of property by gift, devise or bequest

19 Acquisition of property by gift, devise or bequest

(1) The Trust may—

(a) acquire by gift, devise or bequest property for the purposes of this Act, and

(b) agree to carry out any conditions of the gift, devise or bequest.

(2) The rule of law against remoteness of vesting does not apply to a condition of a gift, devise or bequest to which the Trust has agreed.

(3) The Duties Act 1997 does not apply to or in relation to a gift, devise or bequest made, or to be made, to the Trust.