Western Australian Consolidated Acts (1) Subject to
subsection (2), the Trust may in respect of any land granted by the Crown
and held by the Trust in trust for the Church —
(a) sell
and transfer or otherwise assure any of that land to a purchaser, freed and
discharged from any trusts to which the land is subject;
(b)
mortgage, or otherwise encumber, any of that land and for the purposes of that
mortgage or encumbrance transfer any of that land, freed and discharged from
any trusts to which the land is subject;
(c)
notwithstanding any trusts to which the land is subject, lease any of that
land for any term, with or without right of renewal, subject to any covenants,
conditions and agreements as the Trust thinks fit.
(2) In respect of any
land granted by the Crown without pecuniary consideration —
(a) a
transfer or other assurance on sale;
(b) a
mortgage or other encumbrance; or
(c) a
lease for a term exceeding 21 years,
under
subsection (1) shall not be valid unless approved, and countersigned, by
the Governor.
[Section 24A inserted by No. 42 of 1991
s. 6.]