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A person who has not yet reached the age of 20 years.
6. Physical or mental disablement that, in the opinion of the court, results in
a person lacking, wholly or partly, the competence to manage their affairs in
relation to their property.
7.
For
instance, they may own block A and also have an interest in
block B. With the consent of the other owners of both blocks,
and by making an application to the MLC for a combined
partition, the interests could be combined to create the new
block Z.
A
composite title is issued to each house owner, comprising: (a) the freehold share
of the lessee in the whole block and (b) the leasehold interest of the lessee in the
individual site.
(c) Failure by the Occupier to comply with any terms of this Schedule (save those
referred to in clause 11(b)) constitutes a non-material breach of these terms.
PROXY VOTES AT A GENERAL OR SPECIAL MEETING
Where proxy votes are allowed, a person is entitled to be a proxy for a beneficial owner at a
special or general meeting only if:
(a) the person is 20 years or older and of capacity;
(b) the person is appointed as proxy by a notice in writing in accordance with the proxy
form attached to this order;
(c) the secretary receives, at least one hour before the meeting begins, a copy of the
signed and witnessed proxy form statin...
Mandatory Trustee duties
3.6 Each Trustee must perform the following mandatory duties:
(a) Each Trustee must know the terms of the Trust.
(b) Each Trustee must act in accordance with the terms of the Trust.
