sec.7Trusts are bodies corporate etc.

### sec.7 Trusts are bodies corporate etc. A trust— is a body corporate; and may sue and be sued in its corporate name. A trust has all the powers of an individual and may, for example— enter into contracts; and acquire, hold, deal with and dispose of property. Subsection (2) does not limit a trust’s powers under this or another Act. A trust does not represent the State. s 7 amd 1959 8 Eliz 2 No. 27 s 8; 1994 No. 15 s 3 sch ; 1997 No. 78 s 99 sub 2014 No. 64 s 35 (sec.7-ssec.1) A trust— is a body corporate; and may sue and be sued in its corporate name. (sec.7-ssec.2) A trust has all the powers of an individual and may, for example— enter into contracts; and acquire, hold, deal with and dispose of property. (sec.7-ssec.3) Subsection (2) does not limit a trust’s powers under this or another Act. (sec.7-ssec.4) A trust does not represent the State. - (a) is a body corporate; and - (b) may sue and be sued in its corporate name. - (a) enter into contracts; and - (b) acquire, hold, deal with and dispose of property.