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St. Shenouda Coptic Orthodox Monastery (NSW) Property Trust Act 2014
12Trust may make advances
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12 Trust may make advances
12 Trust may make advances
(1) The Trust may make advances out of its trust funds for any purpose of or relating to the St. Shenouda Coptic Orthodox Monastery.
(2) Any sum so advanced is taken to be an investment of the money and bears interest at a rate fixed by the Trust.
(3) The sum advanced, and any interest on that sum, is taken to be a charge on those assets (if any) that the Trust holds for the purpose for which the advance was made.