Document ID: chunk:federal_register_of_legislation:C2013A00100:section:18
Version: federal_register_of_legislation:C2013A00100
Segment Type: section
Provision Reference: s 18
Character Range: 17360–17947

18  Cy pres and similar schemes
  In determining the purposes of a trust, have regard to:
 (a) any scheme for the application of property cy pres that relates to the trust; or
 (b) any similar scheme that relates to the trust;
whether under equity or any other law of a State or Territory that relates to charitable trusts.
Note: Trust law may, in certain circumstances, allow the purposes of a trust to be altered to remove purposes that are not charitable purposes.

[Minister's second reading speech made in—
House of Representatives on 29 May 2013
Senate on 19 June 2013]

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