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Georges Hall Sale Ordinance 1993

No 22, 1993

An Ordinance to authorise the subdivision and sale of certain land at Georges Hall.

Whereas

A. The Property Trust is the registered proprietor of the land contained in Certificates of Title Folio Identifiers A/416311 and B/416311 (the "Land").

B. The Land is church trust property held on trust for the purposes of the Assisted Provisional Parish of Georges Hall ("Parish") although no trusts exist in writing.

C. Erected on part of the land is a church and church hall.

D. The Parish Support and Development Division of the Anglican Home Mission Society and the minister and churchwardens St Martin's Church, Georges Hall ("Churchwardens") have concluded negotiations to subdivide the land and sell part thereof.

E. By reason of circumstances which have arisen after the creation of the trusts on which the Land is held it is inexpedient to carry out and observe those trusts and it is expedient that the Land be subdivided and part sold and provision be made for the application of the proceeds of sale.

Now the Standing Committee of the Synod of the Diocese of Sydney in the name and place of the said such Synod Hereby Ordains, Directs, Declares and Rules as follows -

1. This ordinance may be cited as the "Georges Hall Sale Ordinance 1993".

2. By reason of the circumstances which have arisen after the creation of the trusts on which the Land is held it is inexpedient to carry out and observe those trusts and it is expedient that the Land be subdivided and part sold and provision be made for the application of the proceeds of sale.

3. The Property Trust is hereby empowered to enter into all agreements and to execute all documents so as to enable -

(a) the Land to be subdivided;

(b) part of the Land to be sold;

(c) security to be taken over the part of the Land to be sold to ensure the performance of obligations on the part of the purchaser; and

(d) any ancillary and necessary steps to be undertaken to complete any agreement entered into with a purchaser.

4. The proceeds of sale must be paid to the Churchwardens and applied by them in repayment of all loans taken out from the Finance and Loans Board. Any surplus remaining after such repayment must be applied by the Churchwardens for such purposes of the Parish as are approved by the parish council of the Parish by resolution.

I Certify that the Ordinance as printed is in accordance with the Ordinance as reported.

N.M. Cameron
Chairman of Committees

I Certify that this Ordinance was passed by the Standing Committee of the Synod of the Diocese of Sydney on 26 July 1993.

W.G.S. Gotley
Secretary

R.H. Goodhew
Archbishop of Sydney
26/7/1993