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NETHERBY KINDERGARTEN (VARIATION OF W AITE TRUST) ACT REPEAL ACT 2001

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South Australia

ANNO QUINQUAGESIMO ELIZABETIIAE IT REGINAE

A.D.2001

NETHERBY KINDERGARTEN (VARIATION OF W AITE TRUST) ACT REPEAL ACT 2001

No. 2 of 2001

[Assented to 22 March 2001]

An Act to repeal the Netherby Kindergarten (Variation of Waite Trust) Act 1997;

and for other purposes.

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SVMMARY OF PROVISIONS

1. SI10It tide 2. 1topeIl

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No. 2 of 2001 Preamble

Netherby Kindergarten (Variation of Waite TnIst) Act Repeal Act 2001

1. By a transfer dated 29 January 1914, certain land at Urrbrae, being the whole of the land comprised in Section 268 of the Hundred of Adelaide, was transferred in fee simple by Peter Waite to the University of Adelaide (the University).

2. By virtue of an indenture (the Trust) made on the same day between Peter Waite and the University, the transferred land is held by the University subject to various trusts.

3. The Netherby Kindergarten (Variation of Waite Trust) Act 1997 varied the terms of the Trust so as to enable the University to lease a particular portion of the western half of Section 268 to Netherby Kindergarten (the Kindergarten), the site occupied by the Kindergarten since

1945.

4. The Kindergarten is now relocating to a site that is not subject to the Trust.

5. It is therefore desirable that the terms of the Trust be restored to the terms that existed immediately before the commencement of the Netherby Kindergarten (Variation of Waite Trust) Act 1997.

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No. 2 of 2001

NetheI'by Kindergarten (Variation of Waite Trust) Act Repeal Act 2001

The Parliament (tf South Australia enacts as fonows:

Short title

1. This Act may be cited as the Netherby Kindergarten (Variation of Waite Trust) Act Repeal Act 2001.

Repeal

2. (1) The Netherby Kindergarten (Variation of Waite Trust) Act 1997 (the repealed Act) is repealed.

(2) The terms of the Trust are to be taken to be as they were immediately before the commencement of the repealed Act.

(3) However, no person is liable at law or in equity for breach of trust by virtue of anything done under the repealed Act or by virtue of the occupation by the Kindergarten at any time of the relevant portion of the western half of Section 268.

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