QLDIn ForceAct
Hospital Foundations Act 2018
sec.90Assets and liabilities
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sec.90 Assets and liabilities
On the commencement— the assets and liabilities of a continued foundation continue to be the assets and liabilities of the foundation; and any property that, immediately before the commencement, was held in trust by a continued foundation continues to be held by the foundation on the same trust.
- (a) the assets and liabilities of a continued foundation continue to be the assets and liabilities of the foundation; and
- (b) any property that, immediately before the commencement, was held in trust by a continued foundation continues to be held by the foundation on the same trust.