Universities and College Estates Act 1964

PART II Exceptions and Modifications referred to in Section 3(1)

1 In section 3(2), the words from " when received " 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11 In section 26, in subsection (1), after the words "any enactment hereby repealed " there shall be inserted the words " or paid to a university or college under this Act "; and in subsection (5) for the word " Minister", where it first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) In 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13 In section 29, for the words from "to the Minister" to " hereby repealed" there shall be substituted the words " to a university or college under this Act " ; for the words " the Minister may, notwithstanding anything in this Act,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 ".