Christian Israelite Church Property Trust Act 2007 (NSW)

Christian Israelite Church Property Trust Act 2007 No 41

An Act to constitute the Christian Israelite Church Property Trust, to specify the Trust's functions and to provide for the vesting of property in the Trust; and for other purposes.

Part 1 Preliminary

1 Name of Act This Act is the Christian Israelite Church Property Trust Act 2007.

2 Commencement This Act commences on the date of assent.

3 Definitions (1) In this Act: appointed day means the date of assent to this Act. Board means the Board of Trustees referred to in section 4 (2). Chair means the Chair for the time being of the Board. Church means the part of the Christian Israelite Church, founded in 1822 by the Prophet John Wroe in England, that is within Australia. conveyance includes transfer, assignment and assurance. exercise a function includes perform a duty. function includes a power, authority or duty. Trust means the Christian Israelite Church Property Trust constituted by this Act. trust property means property held by the Trust. (2) It is the intention of Parliament that the provisions of this Act relating to property, including the vesting of property in the Trust, should apply, as far as possible, to property situated outside New South Wales.

Part 2 Constitution and functions of Trust

4 Constitution of Trust (1) There is constituted by this Act a corporation under the corporate name of the Christian Israelite Church Property Trust. (2) The Trust is to have a Board of Trustees comprising as members of the Board every person holding office as an International Female Trustee of the Church, or an International Male Trustee of the Church, from time to time.

5 Procedure of Trust (1) Subject to this section, the Board is to conduct the business of the Trust in accordance with the by-laws. (2) The quorum for a meeting of the Board is a majority of the members of the Board.