New South Wales Consolidated Acts

CROWN LANDS ACT 1989 - SECT 111A

111A Dissolution of trust-appointment of new trust

(1) If a new reserve trust is established, named and appointed under section 92 as trustee of any one or more specified reserves, or any one or more parts of a reserve, of which a dissolved trust was trustee, the provisions of section 125 (3) apply to the new reserve trust.

(2) However, those provisions do not apply in respect of any of the real or personal property of the dissolved trust that the Minister has, before the appointment of the new reserve trust, disposed of under section 111.

(3) For the purpose of those provisions:

(a) the trustee or trustees of the dissolved trust are called the former trustee, and

(b) the new reserve trust is called the new trustee.

(4) Those provisions apply:

(a) with such modifications as may be necessary or as the Minister may direct, and

(b) only in relation to an act, matter or thing concerning the former trustee in connection with the care, control and management of the reserve, or part of the reserve, of which the new trustee is trustee.