There shall continue to be a body called “the Historic Buildings Council”.

Schedule 5 has effect with respect to the Historic Buildings Council.

The Department may make grants or loans towards the whole or part of any expenditure incurred or to be incurred in the repair or maintenance of a listed building or in the upkeep of any land comprising, or contiguous or adjacent to, any such building, or in the repair or maintenance of any objects ordinarily kept in the building.

Grants under subsection (2) to the National Trust for Places of Historic Interest or Natural Beauty may, if the Department thinks fit, be made by way of endowment.

The Department may attach to any grant or loan under subsection (1) or (2) such conditions as it thinks fit for securing public access to the whole or part of the property to which the grant or loan relates.

Any loan under subsection (1) or (2) shall be made on such terms as to repayment, payment of interest and otherwise as the Department may, with the approval of the Department of Finance and Personnel, determine.

The Department may purchase by agreement, or accept a gift of, any objects which are or have been ordinarily kept in a listed building which, or any estate in which, is vested in the Department, or in a listed building which is under its control or management.

The Department may make such arrangements as it thinks fit for the management, custody and use of any property acquired or accepted by it under this section.

Where any instrument coming into operation after 1st November 1972 contains a provision purporting to be a gift of property to the Department upon trust to use the income thereof (either for a limited time or in perpetuity) for or towards the upkeep of a listed building or other property acquired or accepted by the Department under section 200 or a building which the Department proposes so to acquire or accept, the Department may accept the gift, and if it does so, and the provision does not constitute a charitable trust, subsections (2) to (7) shall have effect.

The validity of the gift and of the trust to use the income as mentioned in subsection (1) (in this section referred to as “the endowment trust”) shall be deemed not to be, or ever to have been, affected by any rule of law or equity which would not have affected their validity if the trust had been charitable.

In relation to the property (of any nature) comprised in the gift and any property for the time being representing that property (in this section collectively referred to as “the trust fund”) the Department shall during the continuance of the endowment trust have the like powers of management, disposition and investment as in the case of settled land are conferred by law on the tenant for life and the trustees of the settlement in relation to the land and the proceeds of its sale, respectively.

Subsection (3) does not prejudice any additional or larger powers conferred on the Department by the trust instrument.

If while the endowment trust continues an event happens such that immediately after that event the Department is neither entitled to any estate in the building to which the trust relates nor has the building under its control or management, and apart from this subsection the endowment trust would not then be determined or be deemed to have failed, then on the happening of that event the endowment trust shall cease by virtue of this subsection and the trust fund shall devolve accordingly as on a failure of the trust.

If the trust instrument contains a provision whereby, on the failure or determination of the endowment trust, the trust fund purports to be given, or to be directed to be held, on charitable trusts, the validity of that gift or direction shall be deemed not to be, or ever to have been, affected by any rule of law or equity relating to perpetuities.

In this section “gift” includes devise, bequest, appointment, conveyance, assignment, transfer and any other assurance of property, and “property” means real or personal property of any description.

If it appears to the Department that, in the case of a listed building to which this subsection applies, reasonable steps are not being taken for properly preserving it, the Department may, if it considers it expedient in order to preserve the building, compulsorily acquire the building and any land comprising or contiguous or adjacent to it which appears to the Department to be required for preserving the building or its amenities, or for affording access to it, or for its proper control or management.

Where the Department desires to acquire, otherwise than by agreement, any land under subsection (1), the Department may make an order vesting that land in the Department and Articles 87 to 93 of the Planning (Northern Ireland) Order 1991 (NI 11) shall, with any necessary modifications, apply in relation to such acquisitions accordingly as those Articles apply to acquisitions of the Department for Social Development.

Where the Department has served a repairs notice, the demolition of the building after the service of the notice shall not prevent the Department from being authorised under this section to acquire compulsorily the site of the building, if the Department is satisfied that it would have made a vesting order in respect of the building had it not been demolished.

The Department may at any time withdraw a repairs notice served by it; and if it does so, it shall, as soon as reasonably possible, give notice of the withdrawal to the person who was served with the repairs notice.

“Appropriate authority” and “Crown land” shall be construed in accordance with section 212(1).