10Functions of the Trust

10 Functions of the Trust

10 Functions of the Trust

(1) The functions of the Trust are as follows:

(a) to purchase, exchange, take on lease, hold, dispose of and otherwise deal with property as trustee for, or for the purposes of, the Church, the Archdiocese or the Holy Patriarchate in Constantinople (Istanbul),

(b) to acquire property by gift or by devise or bequest and to agree to and carry out the conditions of the gift, devise or bequest,

(c) to borrow or lend money for the purposes of the Church, the Archdiocese or the Holy Patriarchate in Constantinople (Istanbul),

(d) to mortgage, charge or otherwise encumber trust property,

(e) to make gifts and donations for religious and charitable purposes,

(f) to enter into any guarantee or indemnity which may assist the Trust, the Church or the Archdiocese in the performance of its functions,

(g) to print, publish and distribute (gratuitously or otherwise) any newspapers, periodicals, books or leaflets,

(h) to do and suffer all other things that bodies corporate may, by law, do and suffer and that are necessary for or incidental to the exercise of its functions under this Act,

(i) to do and suffer all other things (whether or not of the same kind or nature as any other thing referred to in this section) that the Archbishop considers to be necessary, appropriate or desirable.

(2) The Trust has such other functions as are conferred or imposed on it by this Act.

(3) This section does not limit section 50 of the Interpretation Act 1987.