Western Australian Consolidated Acts Western Australian Consolidated Acts [(1) deleted]
(2) A board shall
also, with the consent of the Governor, have power to sell, lease, or exchange
any lands vested in it, and to pay or receive money by way of equality of
exchange, and to acquire land and other property, and to borrow money on such
security as the Governor thinks fit.
(2a) In addition to
the power to borrow conferred by subsection (2) a board may borrow money
on such security as the Governor thinks fit for the purposes of the payment of
the costs of the establishment and construction of the hospital managed and
controlled by the board and for any buildings and equipment incidental
thereto, or the improvement of any land held by the board, notwithstanding
when such costs arose.
(3) The powers of
selling, exchanging, mortgaging, or leasing lands which are conferred upon a
board by this Act shall extend to land held in trust for any special purpose,
notwithstanding the terms of the trust; but the proceeds of any such sale, and
the land or money obtained by any such exchange, shall be subject to the like
trusts, so far as may be, as the land so disposed of.
(4) No power conferred
by this section shall be exercised without the consent of the Governor.
[Section 17 amended by No. 16 of 1953
s. 2; No. 51 of 1955 s. 2; No. 10 of 1973 s. 2;
No. 84 of 1982 s. 2; No. 74 of 2003 s. 146(2); No. 8 of 2009
s. 13.]