Western Australian Consolidated Acts (1) Where the trustees
of any property or income to which the provisions of this Part apply wish it
to be dealt with in accordance with a scheme approved under this Part, the
trustees may prepare, or cause to be prepared, a scheme —
(a) if
section 7 applies, for the disposition of the property and income; or
(b) if
section 7A applies, for the disposition of the property and the
termination of the trust; or
(c) if
section 7B applies, for the combining, and joint administration and
application, of the property and income; or
(d) if
section 8 applies, for the extension or variation of the powers of the
trustees, or the prescription or variation of the mode of administering the
trust.
(2) Where
section 7B applies, the trustees of all of the property and income sought
to be combined, and jointly administered and applied, shall jointly prepare,
and seek approval for, the scheme.
(3) Where the
consideration by the Court or the Attorney General, as the case requires, of 2
or more schemes will involve consideration of substantially similar issues,
the trustees of all of the property and income concerned may jointly prepare,
and seek approval for, the schemes.
[Section 9 inserted by No. 7 of 1998
s. 7.]