20Acquisition of property by gift, devise or bequest

20 Acquisition of property by gift, devise or bequest

20 Acquisition of property by gift, devise or bequest

(1) The Trust may acquire by gift, devise or bequest any property for the purposes of this Act and may agree to carry out the conditions of any such gift, devise or bequest.

(2) The rule of law against remoteness of vesting does not apply to any condition of a gift, devise or bequest to which the Trust has agreed.

(3) The Duties Act 1997 does not apply to or in respect of any gift, devise or bequest made or to be made to the Trust.