Part IIIAcquisition of Land
10Existing trusts
1
This Part does not apply in relation to—
a
a trust of property which consists of or includes land which (despite section 2 of the [1996 c. 47.] Trusts of Land and Appointment of Trustees Act 1996) is settled land, or
b
a trust to which the [1925 c. 24.] Universities and College Estates Act 1925 applies.
2
Subject to subsection (1), this Part applies in relation to trusts whether created before or after its commencement.