C.B. Alexander Foundation Incorporation Act 1969 (NSW)

C.B. Alexander Foundation Incorporation Act 1969 No 61

An Act to constitute the C.B. Alexander Foundation and to define its objects and powers; to authorise the making and performance of an agreement relating to the taking over by the Minister of responsibility for the operation, maintenance and management of the C.B. Alexander Agricultural College; and for purposes connected therewith.

1 Name of Act This Act may be cited as the C.B. Alexander Foundation Incorporation Act 1969.

2 Definitions In this Act, except in so far as the context or subject-matter otherwise indicates or requires: estate trustees means trustees for the time being of the Will. Foundation means C.B. Alexander Foundation constituted by this Act. member means member of the Foundation. order means decretal order dated the seventeenth day of May, one thousand nine hundred and sixty-three made by the Supreme Court of New South Wales that approved the proposals made by the Presbyterian Church of Australia in New South Wales in the matter of the trusts of the Will. the C.B. Alexander Agricultural College means the college that, immediately before the commencement of this Act, was maintained pursuant to the order on the land described in the Schedule to this Act and includes any college or like institution maintained after that commencement under that name, or under any other name, on that land or any part thereof, whether or not the same college or like institution is also maintained on other land. the Will means the will and two codicils of Charles Boyd Alexander late of "Tocal", Paterson, New South Wales. Trust means The Presbyterian Church (New South Wales) Property Trust. trust property means land and other property vested in or belonging to the Foundation but does not include: (a) moneys paid to the Foundation under section eight of this Act or any interest thereon or income therefrom or investment thereof or any conversion of any such investment, or (b) property that, immediately before it vested in the Foundation, was held by the estate trustees in connection with the payment under the Will of annuities to Margarita Curtis and Myrtle Eliza Curtis or to or in respect of any income therefrom or interest thereon or investment thereof or any conversion of any such investment.