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Part II · National Trust Fund and Its Governance

8. Establishment of National Trust Fund (Incorporated)

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(1)

A body corporate by the name of “National Trust Fund

(Incorporated)” is established.

(2)

The National Trust Fund (Incorporated) shall have perpetual succession and a common seal.

(3)

The National Trust Fund (Incorporated) may sue and be sued in its corporate name.

(4)

Subject to and for the purposes of this Act, the National

Trust Fund (Incorporated) may, upon such terms as it thinks fit—

(a)

enter into contracts;

(b)

acquire, purchase, take, hold and enjoy movable and immovable property of every description; and

National Trust Fund 11

(c)

convey, assign, surrender, yield up, charge, mortgage, demise, reassign, transfer, or otherwise dispose of, or deal with, any movable or immovable property or any interest therein vested in the National Trust Fund

(Incorporated).

Report

Part III

Utilisation of Fund

Part IV

Investments of Fund

Part V

Miscellaneous

Part VI

Repeal, Saving and Transitional