The Synod of Eastern Australia Property Act 1918
9Power to mortgage or sell subject to mortgage
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9 Power to mortgage or sell subject to mortgage
9 Power to mortgage or sell subject to mortgage
The trustees may from time to time, with the consent of the synod, mortgage any real or personal property vested in them, or any part thereof, or sell the same as aforesaid subject to such mortgage for any sum and upon such terms as the synod in its absolute discretion may direct, and in every such case of mortgage or sale subject to mortgage may convey, transfer, and assure the same accordingly free from all the trusts upon which the same was held, and give valid receipts for all moneys received by them; and such receipts shall absolutely discharge the purchaser or mortgagee thereof from the money payable by him, and shall exonerate him from seeing to the application of the said money and from all liability as to the misapplication or non-application thereof, and shall be conclusive evidence that such consent to mortgage or sell and convey as aforesaid shall have been given by the synod.