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(1)Subsection (2) of section eighty-seven of the principal Act (which provides that an assurance of land or of personal estate to be laid out in the purchase of land shall, if the land or the income thereof is to be used for educational purposes, be void unless the assurance or a copy thereof is sent to the Minister within six months after the date on which the assurance takes effect) shall not apply to an assurance of land or personal estate to a local education authority, a university, a university college or a college of a university, being an assurance taking effect after the passing of this Act; and accordingly, in that subsection, the words " including every assurance of land to any local education authority " shall cease to have effect as respects any such assurance taking effect as aforesaid.
(2)For the purposes of the foregoing subsection the expression " college of a university " has the same meaning as it has for the purposes of subsection (5) of section two of the Education (Miscellaneous Provisions) Act, 1948.
(3)Nothing in subsection (1) of this section shall be construed as requiring any assurance or copy of an assurance to be sent to the offices of the Charity Commissioners in accordance with subsection (4) of section twenty-nine of the Settled Land Act, 1925.
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