NSWIn ForceAct
Institute of Sport Act 1995
21Institute may accept gifts, devises or bequests
Start here
Get a plain-English read of 21
Turn the raw legal text into a practical explanation grounded in Institute of Sport Act 1995.
21 Institute may accept gifts, devises or bequests
21 Institute may accept gifts, devises or bequests
(1) The Institute has power to acquire by gift, devise or bequest, any property for the purposes of this Act.
(2) The Institute may agree to the condition to which any such gift, devise or bequest is subject.
(3) The rule of law relating to perpetuities does not apply to any condition to which the Institute has agreed under this section.