Where a trust deed or other instrument made before the coming into force of section 2 above contains a provision whereby the persons who are for the time being governors of a voluntary school are by virtue of their office trustees of any property held for the purposes of or in connection with the school, that provision shall have effect as if the governors of the school consisted only of the foundation governors and the governors appointed by the local education authority and any minor authority.

Subsection (1) above is without prejudice to any power to amend any such provision as is mentioned in that subsection.