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If Her Majesty in Council is pleased to provide by royal charter for the foundation of a University of Dundee, including the unincorporated society of teachers and students known as Queen's College, Dundee, then, on such day as may be appointed in that behalf by Her Majesty by Order in Council (hereafter in this Act referred to as " the appointed day ")—
(a)the said College shall cease to be comprised in the University of St. Andrews;
(b)the College Councils constituted by section 4 of the Act of 1953 shall be dissolved;
(c)the Act of 1953 shall cease to have effect, but the provisions set out in Schedule 5 to this Act shall apply to the University of St. Andrews ;
(d)Schedule 6 to this Act shall have effect for the purpose of the transfer to the University of Dundee of the property, rights, liabilities and functions therein specified, being property, rights, liabilities and functions now vested in or attaching to the University of St. Andrews, the said College or the College Council of that College and for the other transitional purposes specified in that Schedule.
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