An Act to consolidate and amend the law relating to the Samoa Trust Estates Corporation.
This Act continues the Samoa Trust Estates Corporation. The functions of the Corporation shall include: (a) to control, manage, and develop as trustee for and on behalf of the people of Samoa: (i) the assets of the Corporation vested in it; and (ii) any other assets that the Corporation may have acquired or may acquire, whether real or personal, and (b) to ensure the efficient and prudent agricultural, horticultural, pastoral, industrial, commercial or other development of its lands, assets and other enterprises.