1Powers to lend and borrowS
(1)In addition to the existing powers contained in the Will and Agreement, Glasgow City Council may with the agreement in writing of the Burrell Trustees in accordance with the terms of the code published under subsection (2)—
(a)lend any items which for the time being form part of the Burrell Collection to a Borrower for such period as Glasgow City Council and the Burrell Trustees may determine; and
(b)receive on loan from any other party items which do not form part of the Burrell Collection and display them, alongside items that do, for such periods as Glasgow City Council and the Burrell Trustees may determine.
(2)Glasgow City Council must—
(a)publish a code agreed with the Burrell Trustees setting out the basis upon which the powers conferred by this section and the existing powers of lending from and borrowing for display at the Burrell Collection are to be exercised; and
(b)publish a revised code no later than one week after any such revised code has been agreed with the Burrell Trustees.
(3)Purpose IN THE LAST PLACE of the Will is modified so far as inconsistent with the provisions of this subsection and income held by the Burrell Trustees may be applied for—
(a)the purpose of obtaining such reports and advice deemed by them to be of assistance in exercising any rights and responsibilities under the code published under subsection (2); and
(b)generally for all purposes deemed by them to be necessary in relation to discharging and fulfilling their duties and obligations under the code published under subsection (2).
Commencement Information
I1S. 1 partly in force; s. 1(2)(a) in force at 26.2.2014, see s. 4(1)