10Chapels to be held on particular trust

10 Chapels to be held on particular trust

10 Chapels to be held on particular trust

(1) Any property held by the Foundation on trust for, or for the purposes of, an Assembly primarily for the purposes of a chapel is, subject to this section, to be so held in accordance with the terms specified in Schedule 4.

(2) The provisions of clause 13 (b) and (c) of Schedule 4 do not apply to property which immediately before the appointed day was vested in the Company.

(3) This section only applies to:

(a) property in New South Wales, and

(b) property outside New South Wales if the law of the State is the proper law of the trust on which the property is held by the Foundation.