6SIn section 107 (educational endowments applicable in part to non-educational purposes)—
(a)in subsection (1), for the words “within the meaning of this Part of this Act” there shall be substituted the words “to which the powers conferred by section 105 of this Act extend”;
(b)in subsection (2)—
(i)for the words “Secretary of State” there shall be substituted the words “education authority having power to exercise, in relation to that endowment, the functions conferred by section 105 of this Act”; and
(ii)for paragraphs (ii) to (iv) there shall be substituted the following paragraph—
“(ii)the purposes of such part of the endowment have become obsolete or useless.”;
(c)in subsection (3)—
(i)for the words “Secretary of State”, where first occurring, there shall be substituted the words “education authority ”; and
(ii)for the words “such number of years as the Secretary of State shall determine” there shall be substituted the words “the five most recent years for which accounts are available”; and
(d)in subsections (5), (6) and (7), for the words “Secretary of State”, wherever occurring, there shall be substituted the words “education authority”.