Roman Catholic Church Communities’ Lands Act 1942
15Trusts preserved
Start here
Get a plain-English read of 15
Turn the raw legal text into a practical explanation grounded in Roman Catholic Church Communities’ Lands Act 1942.
15 Trusts preserved
15 Trusts preserved
All property real or personal for the time being vested in a body corporate created by this Act shall be held by it on the trusts, if any, expressly declared in respect thereof and if no such trusts have been expressly declared on trust for the community for which the body corporate exists for the use, purposes and benefit of such community: Provided however that the powers conferred by section 10 shall be exercisable by the body corporate in relation to all property vested in it notwithstanding any such trust or provision.