Western Australian Consolidated Acts

UNIVERSITY OF WESTERN AUSTRALIA ACT 1911 - SECT 14A

14A .         Sale of endowment land

        (1)         The University may, with the consent of the Governor, sell —

            (a)         any land granted or demised to or vested in the University under section 35;

            (b)         any land acquired from the proceeds of the sale of that land; or

            (c)         any land acquired under section 2 of the University Endowment Act Amendment Act 1927 ,

                and transfer such land to a purchaser free and discharged from any trust.

        (2)         The proceeds of a sale of any land referred to in subsection (1) are to be invested as trust funds may be invested under Part III of the Trustees Act 1962 .

        [Section 14A inserted by No. 75 of 2000 s. 12.]