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Gifts
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29. (1) Subject to subsection (2), the NCH may accept gifts of money, land or other property upon such trusts or conditions (if any) as may be specified by the donor.
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(2) The NCH shall not accept gifts of land without the consent of the Minister.
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(3) The NCH shall not accept a gift if the trusts or conditions attaching to it would be inconsistent with—
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(a) the functions, or
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(b) obligations,
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of the NCH under this Act or any other enactment.
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(4) Where an individual gift in any one calendar year exceeds the value 5 per cent of the annual turnover of the NCH, the gift shall be subject to the approval of the Minister.
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(5) Gifts to the NCH or any related or subsidiary company, partnership or any other corporate vehicle established under this Act shall, until expended, be deemed to be held on trust on behalf of the NCH.
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(6) Gifts to any related or subsidiary company, partnership or any other corporate vehicle established under this Act may be used solely for purposes within this Act or for particular purposes under this Act as may be specified by the donor.
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(7) The NCH may dispose of any musical instrument, work of art or other property received as a gift subject to any trusts that may be specified by the donor.
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(8) The NCH may dispose of a gift of land with the consent of the Minister.
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