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Taratahi Agricultural Training Centre (Wairarapa) Act 1969

8: Vesting of property in trust board

You could also call this:

"The trust board now owns the land and property of the Taratahi Agricultural Training Centre."

Illustration for Taratahi Agricultural Training Centre (Wairarapa) Act 1969

You get to know about the land and property of the Taratahi Agricultural Training Centre. The land described in the Schedule now belongs to the trust board. This means they have full ownership of the land. You also need to know about the personal property. This property was held by the Crown for the trust's purposes before the Act started. Now it belongs to the trust board for the same purposes. If someone is unsure about what personal property belongs to the trust board, the Minister will decide. Their decision is final and cannot be changed. This helps to avoid any confusion about what property belongs to the trust board.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM394302.

Topics:
Housing and property > Land useEducation and learning > Higher education
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7: Functions of trust board, or

"The trust board's role is to care for its property and follow rules about farming and teaching."

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9: Powers of trust board, or

"What the trust board is allowed to do"

8Vesting of property in trust board

  1. The land described in the Schedule is hereby vested in the trust board for an estate in fee simple, subject to the provisions of this Act.

  2. All personal property vested in the Crown immediately before the commencement of this Act and held for the purposes of the trust specified in the Preamble is hereby vested in the trust board for the purposes of this Act.

  3. If any question arises as to whether or not any personal property has vested in the trust board pursuant to subsection (2), that question shall be determined by the Minister, whose decision shall be final.