Commonwealth Consolidated Acts

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SCIENCE AND INDUSTRY ENDOWMENT ACT 1926 - SECT 9

Application of gifts or bequests

The trustee shall deal with and apply so much of the Fund as represents gifts or bequests or the income arising from the investment thereof in accordance with the conditions upon which the gift or bequest was given or made, or, where no conditions are attached to a gift or bequest, shall deal with and apply so much of the Fund as represents that gift or bequest, in the manner provided by sections seven and eight of this Act.



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