Western Australian Consolidated Acts (1) In this
section —
prescribed power , in relation to a prescribed
trust, means —
(a) a
power referred to in section 22B included in the trust instrument; or
(b) the
power referred to in section 22C as applying to the prescribed trust.
(2) This Act applies
to a prescribed trust as if the prescribed power were a power exercisable for
a charitable purpose.
(3) Without limiting
subsection (2) —
(a)
neither the existence nor the exercise of the prescribed power affects the
validity or status of a charitable trust as a charitable trust; and
(b) a
prescribed trust is to be construed and given effect to as if —
(i)
the prescribed power were a power exercisable for a
charitable purpose; and
(ii)
any payment or application of the trust property or the
trust income, or any part of either of them, in the way allowed by the power
were to or for a charitable purpose;
and
(c) the
existence or exercise of the prescribed power does not affect the control of a
prescribed trust by the Court in the exercise of the Court’s general
jurisdiction in relation to charitable trusts; and
(d) the
jurisdiction mentioned in paragraph (c) extends to the prescribed power
as if the power were exercisable for a charitable purpose.
(4) The provision,
before the commencement day, by the trustees of a prescribed trust of money,
property or benefits to or for an eligible recipient or for the establishment
of an eligible recipient —
(a) is
taken to be, and always to have been, a provision for an authorised and valid
purpose of the prescribed trust; and
(b) does
not affect, and is taken never to have affected, the status of the prescribed
trust as a charitable trust.
(5)
Subsection (4) applies despite anything to the contrary in the trust
instrument.
(6) The inclusion of a
power referred to in section 22B in the trust instrument of a prescribed
trust before the commencement day is taken to be, and always to have been,
validly included.
[Section 22D inserted by No. 9 of 2011
s. 4.]
[Heading inserted by No. 7 of 1998
s. 17.]