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Section 32: Power of officers to bind Foundation

Foundations Act · PART VI: CAPACITY, POWERS AND VALIDITY OF ACTS

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

32. Power of officers to bind Foundation (1) The power of an officer to bind a Foundation or to authorise any other person to do so may be presumed in favour of a person dealing with the Foundation in good faith. (2) Subject to subsection (3), subsection (1) shall not affect the right of any member of a Council or of a Foundation to institute proceedings to restrain the performance of an act which is beyond the powers of an officer. (3) No proceedings referred to in subsection (2) shall lie in respect of any act to be done in furtherance of any legal obligation arising from a previous act of a Foundation.

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