1(1)Any institution which, if the Charities Act 1960 had not been passed, would be exempted from the powers and jurisdiction, under the Charitable Trusts Acts 1853 to 1939, of—E+W
(a)the Charity Commissioners for England and Wales, or
(b)the Minister of Education,
(apart from any power of the Commissioners or Minister to apply those Acts in whole or in part to charities otherwise exempt) by the terms of any enactment not contained in the Charitable Trusts Acts 1853 to 1939 other than section 9 of the Places of Worship Registration Act 1855.
(2)Sub-paragraph (1) does not include—
(a)any Investment Fund or Deposit Fund within the meaning of the Church Funds Investment Measure 1958,
(b)any investment fund or deposit fund within the meaning of the Methodist Church Funds Act 1960, or
(c)the representative body of the Welsh Church or property administered by it.