5Trustees authorised to lease

5 Trustees authorised to lease

5 Trustees authorised to lease

It shall be lawful for the said trustees to lease the said lands subject to the said trusts, or any land subsequently acquired by the said trustees under the powers hereinbefore contained, together with the buildings from time to time erected thereon for such term not exceeding twenty-five years, and at such rental, whether nominal or not, as they may in their absolute discretion think fit to any association, institution, or body of persons engaged in mission work among seafarers in any port in New South Wales and in any such lease they may enter into an agreement with the lessees that they the said lessees shall erect such new building, or make such alterations in any existing building, as may appear to the trustees advisable, and generally may make such further or other agreement with the lessees as may, in the opinion of the trustees best secure the provision of religious and secular instruction and social recreation for such seafarers as aforesaid.

s 5: Am 2002 No 3, Sch 1 [7] [8].