If you are considering making a bequest to MTC, the following clauses may be of assistance for inclusion in your Will when discussing this matter with your solicitor.
A bequest of an absolute sum
I GIVE to THE UNIVERSITY OF MELBOURNE for the Melbourne Theatre Company free of all duties the sum of [amount in words] DOLLARS ($X) and I DECLARE that the receipt of the proper officer for the time being is a sufficient discharge to my Trustees.
A bequest of percentage of your residual estate
I GIVE to THE UNIVERSITYOF MELBOURNE for the Melbourne Theatre Company free of all duties [in words] per cent of my residual estate and I DECLARE that the receipt of the proper officer for the time being is a sufficient discharge to my Trustees.
Bequesting funds for a particular purpose
If your bequest is for a particular purpose, please ensure that your Will provides that Melbourne Theatre Company will be able to use your bequest even if it is impossible or impracticable to apply it to the prescribed purpose. This can be ensured by enclosing a provision such as:
If at any time and for whatever reason it becomes impracticable or impossible for Melbourne Theatre Company to continue to apply the bequest for the purpose or purposes directed by me in this my Will then the Council of the University of Melbourne may apply the bequest for such other purpose or purposes as the Council determines are most closely in accordance with my directions.