sec.40DFunction

### sec.40D Function The function of the foundation committee is to raise funds to assist in the fulfilment of the board’s functions by, for example— encouraging gifts, donations, bequests and legacies of property for the benefit of the board; and managing and investing property made available to the foundation committee by the board. s 40D ins 2012 No. 24 s 7 - (a) encouraging gifts, donations, bequests and legacies of property for the benefit of the board; and - (b) managing and investing property made available to the foundation committee by the board.