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(1)Notwithstanding the terms of section 85 of the [1980 c. xi.] West Midlands County Council Act 1980, the Council may—
(a)dispose of an estate or interest in all or part of Cannon Hill House to an educational charity; or
(b)appropriate Cannon Hill House for the purposes of its functions with respect to education.
(2)In disposing of an estate or interest in all or part of Cannon Hill House under this section the Council may do so for a consideration less than the best that can reasonably be obtained.
(3)For the avoidance of doubt it is hereby declared that nothing in the said section 85 affects or has at any time affected the operation of the deed of release dated 12th December 1979 and made between Charles Mortimer Tollemache Smith-Ryland of the one part and the Council of the other part.
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