Confirm title and folio identity. Before any dealing, confirm the relevant folio numbers, volume and folio references (Queen’s College: Vol 1157 Fol 231227; Ormond College: Vol 1335 Fol 266931; Newman College: Vol 2796 Fol 559157) and ensure that the register entry corresponds with the property intended to be dealt with. Section 2 operates to validate those specific folios; due diligence should verify that the operative folios are the ones validated.
Obtain Governor in Council consent before exercising s 4 powers. No transfer, mortgage, lease or other exercise of the powers in s 4 may proceed without the prior consent of the Governor in Council. Practitioners should plan to: (a) identify the administrative route for obtaining that consent (departmental contact, ministerial office or other executive pathway); (b) prepare a comprehensive application package addressing the purpose of the proposed dealing, financial terms and proposed application of proceeds; and (c) allow for administrative time and possible conditions attached to the consent. Because the Act contains no statutory procedure for consent, conforming to any departmental guidelines or ministerial instrument is essential.
Document interim holding and use. While powers under s 4 remain unexercised, s 5(1) requires that the land be held and used for the purposes and be subject to the trusts specified in any relevant Act or deed of trust. Parties responsible for administration should maintain records and accountings demonstrating that the land is being used as required by relevant Acts or deed terms, including minutes, trust accounts, and reports that evidence compliance.
Plan for restricted application of proceeds. Section 5(2) binds the application of moneys arising from disposals: subject to relevant Act or deed provisions, proceeds must be applied for the purposes of a college affiliated to the University of Melbourne or for educational purposes of a kindred nature. Parties should prepare a detailed proposed allocation plan for proceeds and, where uncertainty exists about whether a proposed use is “of a kindred nature,” seek formal advice or pre-clearance from the relevant executive authority to reduce the risk of later dispute.
Check for post-Act encumbrances and registrations. The Act removes prior reservations but expressly allows for future validly created encumbrances to bind. Conduct up-to-date searches and inquire about any subsequent trust instruments, caveats, charges, encumbrances or statutory limitations that might affect the land’s title.
Align conveyancing with the computer register regime. Because s 2, s 4 and s 5(1) were amended as part of the transfer-of-land computer register reforms, practitioners should ensure compliance with the modern registrar’s requirements, including any forms, certificates or trustee resolutions required when lodging transfer, mortgage or lease instruments.
Record consent and resolutions in registry dealings. When consent of the Governor in Council is obtained, ensure the consent is documented, certified and lodged in the registry or otherwise recorded in a manner acceptable to the registrar to provide certainty for third parties and financiers. Include trustee resolutions, board minutes or other internal approvals that demonstrate authority to act, especially where successors in title or corporate trustees are involved.
Seek express deed provisions where necessary. If the proposed exercise of power will interact with existing deeds of trust, obtain legal advice to determine whether those deeds remain operational post-s 3 and to prepare or vary deed terms where permitted. Where a deed is ambiguous about the application of sale proceeds, consider obtaining an express deed variation or a contemporaneous covenant that clarifies compliance with s 5(2).
Obtain legal advice on “kindred nature.” Because s 5(2) uses open-text language, obtain legal advice on whether a proposed use of proceeds will be accepted as an educational purpose of a kindred nature. Where possible, obtain a prior written opinion or executive confirmation to reduce litigation risk.
Prepare for stakeholder communication and potential objections. Given that s 3 extinguishes prior reservations, affected third parties may dispute the Act’s application or the propriety of a proposed disposal. Early engagement with stakeholders,alumni, donors, college councils, and relevant church trust corporations named in the preamble,can reduce conflict and surface issues that might otherwise crystallise into litigation or political objections.
Maintain contemporaneous records of title history. Because the Act relies on historical register entries and validates historical folios, maintain complete records of the register history and copies of any deeds, reservations or trust instruments relevant to the property. Those records are essential to demonstrate which instruments the Act extinguished and which instruments continue to bind the land under s 5(1) or because they were created after the Act commenced.
When in doubt, obtain declaratory relief. Where material uncertainty exists,particularly concerning the scope of Governor in Council consent, whether a proposed use falls within the “kindred nature” test in s 5(2), or whether a deed survives s 3,consider seeking a declaratory judgment before completing major disposals or encumbrances. The Act contains no internal dispute-resolution mechanism, so pre-transaction judicial clarification can reduce transaction failure risk.