QLDIn ForceAct
Queensland Investment Corporation Act 1991
sec.43Notice of trusts not to be received
Start here
Get a plain-English read of sec.43
Turn the raw legal text into a practical explanation grounded in Queensland Investment Corporation Act 1991.
### sec.43 Notice of trusts not to be received
Unless the Corporation otherwise expressly agrees in a particular case, the Corporation and persons acting on its behalf—
are not to receive and are to be taken to have not received notice of any trust (express, implied or constructive) in relation to any contract entered into by the Corporation; and
is not bound to see to the execution of any trust that may affect any such contract.
- (a) are not to receive and are to be taken to have not received notice of any trust (express, implied or constructive) in relation to any contract entered into by the Corporation; and
- (b) is not bound to see to the execution of any trust that may affect any such contract.