5Construction of instruments
Any scheme, will, deed, contract, conveyance, transfer, lease, licence or other instrument (whether made or executed before or after the passing of this Act) has effect (except where the context otherwise requires) as if—
(a)for any reference (however worded) describing or otherwise referring to a body as a School of the University there is substituted a reference describing or otherwise referring to that body as a Member Institution; and
(b)for any reference (however worded) to the Senate, the Court or the Council there is substituted a reference to the Board.