SCHEDULES

SCHEDULE 5 Amendment of Endowments and Glebe Measure 1976

10

In section 35A—

a

in subsection (1) after the word “investments” there shall be inserted the words “ or deposits ” and for the words from “shall be paid” to the end there shall be substituted the words “ shall be allocated to the capital account of its diocesan stipends fund ”;

b

in subsection (2) after the word “investment” there shall be inserted the words “ or deposit ” and for the words from “shall be paid” to “by the Commissioners” there shall be substituted the words “ shall be allocated ”;

c

subsection (3) shall cease to have effect.