Australian Capital Territory Current Acts

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CEMETERIES AND CREMATORIA ACT 2020 - SECT 208

Perpetual care trust under repealed Act

    (1)     This section applies to an amount forming part of a—

        (a)     perpetual care trust established for a facility under the repealed Act, section 9 (Establishment of perpetual care trusts); or

        (b)     perpetual care trust reserve established for a facility under the repealed Act, section 10 (Establishment of perpetual care trust reserve).

    (2)     On the commencement day, the amount is taken to be—

        (a)     for a facility operated by the authority—an amount forming part of the authority perpetual care trust established under this Act, section 103 (Authority perpetual care trust—establishment); and

        (b)     for a facility operated by a licensee other than the authority—an amount forming part of the licensee perpetual care trust for the licensee established under this Act, section 104 (Licensee perpetual care trust—establishment).



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