Section 29: Power to accept gifts

(1) The College may accept gifts of land, aircraft, money or other property on such terms and conditions, if any, as may be specified by the person or organisation making the gift.
(2) The College shall not accept any gift where the conditions attached by the person or organisation making the gift is inconsistent with the functions of the College under this Act.
(3) Donations of money to be applied to any particular purpose shall be placed to the credit of a special reserve account approved by the Council until such time as it may be expended in fulfilment of such purpose.