SCHEDULES

SCHEDULE 1 EXCEPTIONS AND MODIFICATIONS TO UNIVERSITIES AND COLLEGE ESTATES ACT 1925

Sections 2, 3.

Annotations:
Modifications etc. (not altering text)

C1The text of s. 4(1) and Schedule 1 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991.

PART I EXCEPTIONS AND MODIFICATIONS REFERRED TO IN SECTION 2(2)

1

In section 2, subsection (2) shall be omitted.

2

In section 15(1), the words “with the consent of the Minister” shall be omitted.

3

In section 17, the words “with the consent of the Minister” in each place where they occur, and in subsection (1) the words “with such consent as aforesaid”, shall be omitted.

4

In section 23(1), the words “with the consent of the Minister” shall be omitted.

5

In section 26, the words “with the consent of the Minister” in subsections (1) and (2), and the words “and on the terms mentioned in the order consenting to the loan” in paragraph (a) of the proviso to subsection (2), shall be omitted.

6

In section 30(1), the words “with the consent of the Minister” and the words from “and may be authorised” to the end of the subsection shall be omitted.

7

(1)

In subsection (1) of section 31, the words “with the consent of the Minister”, the words from “and be stated” to “specified in the order” and, in paragraph (b) of the proviso, the words “with the approval of the Minister”, shall be omitted.

(2)

In subsection (2) of that section, for the words “as may be deemed reasonable by the Minister” there shall be substituted the words “as is reasonable”.

8

In section 32(1), the words “in such manner as may be approved by the Minister” shall be omitted, and for the words “as may be sanctioned by the Minister” there shall be substituted the words “as the university or college think fit”.

9

(1)

In section 38, subsections (1), (2), (3) and (6) shall be omitted.

(2)

In subsection (5) of that section, the word “such”, in the first place where it occurs, shall be omitted, after the word “mortgage” there shall be inserted the words “proposed to be made under an order of the Minister under section 21 of this Act”, and for the word “consent” there shall be substituted the words “valuation or plan”.

10

In section 40, the words “with the consent of the Minister” shall be omitted.

PART II EXCEPTIONS AND MODIFICATIONS REFERRED TO IN SECTION 3(1)

1

In section 3(2), the words from “when receive” to “the Minister and” shall be omitted, and, in the proviso, for the words “the Minister” there shall be substituted the words “the university or college concerned”.

2

In section 5, the words “and be paid to the Minister” shall be omitted.

3

In section 7(4), the words “and be paid to the Minister” shall be omitted.

4

In section 13(7), the words “shall be paid to the Minister, and” shall be omitted.

5

In section 14(4), the words “and be paid to the Minister” shall be omitted.

6

In section 15(2), the words “and be paid to the Minister” shall be omitted.

7

In section 16(4), the words “and be paid to the Minister” shall be omitted.

8

In section 20(1), the words “shall be paid to the Minister, and” shall be omitted.

9

In section 23(5), the words “and be paid to the Minister” shall be omitted.

10

In section 24(5), the words “shall be paid to the Minister, and” shall be omitted.

11

In section 26,in subsection (1), after the words “any enactment hereby repealed” there shall be inserted the words “or paid to a university or college under this Act”; and in subsection (5) for the word “Minister”, where it first occurs, there shall be substituted the words “university or college concerned” and for the words from “the Minister shall” to the end there shall be substituted the words “the university or college shall make such provision accordingly.”.

12

(1)

In section 28, in subsections (1) and (2), for the words “the Minister” there shall be substituted the words “the university or college”.

(2)

ln subsection (3) of that section, for the words from “the Minister”, in the first place where they occur, to the end there shall be substituted the words “a university or college under this section shall be treated as capital money under this Act and as securities representing such capital money.”.

13

In section 29, for the words from “to the Minister” to “hereby repealed” there shall be substituted the words “to a university or college under this Act”; for the words “the Minister may, notwithstanding anything in this Act, require and” there shall be substituted the words “the university or college concerned shall”; and for the words “the Minister”, in the last place where they occur, there shall be substituted the words “the university or college”.

14

In section 42, the words “and be paid to the Minister” shall be omitted and for the words “such payment as aforesaid” there shall be substituted the words “the money (if any) to be paid by way of equality of exchange has been paid to the university or college”

SCHEDULE 2 Sinking Funds

Section 3.

1

The provisions of this Schedule shall have effect where any capital money belonging to a university or college, which is required to be paid or transferred under section 3(2) of this Act, is comprised in a sinking fund maintained in pursuance of a direction given by the Minister under the Act of 1925.

2

Until that capital money is so paid or transferred, the university or college shall continue to pay to the Minister any sums which, in accordance with the direction, are required to be so paid for the purpose of maintaining the sinking fund; and any sums so paid, and (in so far as the direction so requires) any income accruing from property comprised in the sinking fund, shall be dealt with as an accretion to that fund.

3

After the capital money has been so paid or transferred, the university or college shall continue to maintain the sinking fund in accordance with the direction until the end of the period for which it was directed to be maintained.

4

For the purposes of this Schedule—

(a)

any approval or sanction of the Minister in pursuance of paragraph (a) of the proviso to section 26(2) of the Act of 1925, or under section 32(1) of that Act,

(b)

any condition imposed by the Minister in giving his consent to any transaction under that Act (whether that condition was contained in any order evidencing that consent or not), and

(c)

any condition attached to a direction given by the Minister under that Act,

shall be treated as a direction given by the Minister under that Act.

5

(1)

In this Schedule “the Minister” means the Minister of Agriculture, Fisheries and Food.

(2)

Subsection (6) of section 3 of this Act shall apply for the purposes of this Schedule as it applies for the purposes of that section.

SCHEDULE 3 ENACTMENTS REPEALED

Section 4.

Annotations:
Modifications etc. (not altering text)

C2The text of Schedule 3 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and, except as specified, does not reflect any amendments or repeals which may have been made prior to 1.2.1991.

Part 1 Amendments related to sections 2 and 3

Enactment

Amendment

The Kendal Corn Rent Act 1932

In section 10, in subsection (1), the word “pay” shall be transferred to the beginning of paragraph (a), and, in paragraph (b), for the words “to the Minister” there shall be substituted the words “shall retain” ; in subsection (3), for the words “so paid to the Minister shall be accumulated by him on behalf of the rectors” there shall be substituted the words “retained by the rectors under paragraph (b) of subsection (1) of this section shall be accumulated by them”, . . . F1

In section 11, in subsection (4), in paragraph (i), for the word “Minister” there shall be substituted the word “rectors”, and, in paragraph (ii), for the word “Minister” there shall be substituted the word “rectors” . . . F1.

The Universities and Colleges (Trusts) Act 1943.

In section 2, at the end there shall be added the following subsection:—

“(5)

Subsection (2) of this section shall not have effect in relation to any university or college to which section 2 of the Universities and Colleges Estates Act 1964 (in this subsection referred to as “the Act of 1964”) applies ; and in subsection (3) of this section—

(a)

in its application to any university or college to which section 2 of the Act of 1964 applies, any reference to the Universities and College Estates Act 1924 (in this subsection referred to as “the Act of 1925”) shall be construed as a reference to that Act as modified by Schedule 1, and amended by Schedule 3, to the Act of 1964, and the words from “subject to the modification” to “such property as aforesaid” shall be omitted;

(b)

in its application to any college to which the Act of 1925 applies, but section 2 of the Act of 1964 does not apply, any reference to the Act of 1925 shall be construed as a reference to that Act as amended by Schedule 3 to the Act of 1964; and

(c)

in its application to any college to which the Act of 1925 does not apply, the reference to applying any of the provisions of that Act shall be construed as a reference to applying any of the provisions of that Act a modified by Schedule 1, and amended by Schedule 3, to the Act of 1964, and the words “subject to the modification aforesaid” shall be omitted.”

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. . . F2

Part II Other Minor Amendments

Enactment

Amendment

The Universities and College Estates Act 1925.

In section 29, for the words fom “will give to the parties interested” to the end there shall be substituted the words “is appropriate to make a proper allocation thereof as between capital and income”.

In section 43(vii), in the definition of “mining purposes” for the words “the settled land, or any other” there shall be substituted the word “any”.

. . . F3

. . . F3

. . . F4

. . . F4

The Coast Protection Act 1949.

In section 11(2)(a), for the words “thirty-one” there shall be substituted the word “thirty”.

The Landlord and Tenant Act 1954.

In Schedule 2, in paragraph 6, for the words “thirty-one” there shall be substituted the word “thirty”.

The Coal-Mining (Subsidence) Act 1957.

In section 11(7), for the words “thirty-one” there shall be substituted the word “thirty”.

. . . F5

. . . F5

F6F6SCHEDULE 4

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