This Act may be cited as the Imperial College Act 1999.
In this Act, except where the context otherwise requires, the following expressions have the following meanings:—
“the appointed day” means such day as may be agreed by Imperial College and Wye College under section 3 (Appointed day) of this Act;
“the charter” means the charter incorporating Wye College granted by His Late Majesty King George VI on 13th September 1948;
“the Council” means the Council of Imperial College;
“Imperial College” means the Imperial College of Science, Technology and Medicine;
“the registrar” has the meaning given in section 744 of the [1985 c. 6.] Companies Act 1985.
(1)Imperial College and Wye College may agree a day to be the appointed day for the purposes of this Act.
(2)Not less than 14 days before any such day as may be agreed under subsection (1) above, Imperial College shall—
(a)give notice to the Council of the University of London of the day so agreed; and
(b)publish in the London Gazette a notice stating the day so agreed.
(1)On the appointed day Wye College shall be dissolved and the charter shall be revoked.
(2)Imperial College shall notify the registrar of the effect of section 10 (Restriction on use of certain names) of this Act within 14 days beginning with the date on which this Act is passed.
All property, real and personal, of every description (including things in action) and all rights and privileges of Wye College which immediately before the appointed day belonged to or were vested in or exercisable by Wye College shall on the appointed day, without any conveyance, transfer, assignment or other instrument, be transferred to and vested in, or be exercisable by, Imperial College for all the estate and interest therein of Wye College.
All debts and obligations of Wye College existing immediately before the appointed day shall, on the appointed day, be transferred and attached to Imperial College and shall thereafter be discharged and satisfied by Imperial College.
All agreements, appointments, awards, contracts, deeds and other instruments, and all actions and proceedings and causes of action which immediately before the appointed day were existing or pending in favour of, or against, Wye College shall on and after the appointed day continue and may be carried into effect, enforced and prosecuted by, or in favour of, or against, Imperial College to the same extent and in the like manner as if Imperial College instead of Wye College had been a party to, or interested in, the same.
(1)Subject to subsection (2) below, any scheme, will, deed or other instrument, whether made or executed before, on or after the appointed day which contains any bequest, gift, trust or other benefit in favour of or connected with Wye College shall, on and after the appointed day, be read and have effect as if Imperial College were named therein instead of Wye College.
(2)Imperial College shall administer any bequest, gift, trust or other benefit referred to in subsection (1) above as nearly as may be for the purposes intended in the original scheme, will, deed or other instrument conferring such a benefit.
Any power or right of Wye College or of any officer or employee thereof to appoint or nominate a member of any education authority, or of the governing body of any educational, charitable or other institution, shall on the appointed day be transferred to, and may be exercised by, Imperial College or the officer or employee of Imperial College who in the opinion of the Council most nearly performs the functions formerly performed by the former officer or employee in question.
(1)No person other than Imperial College shall, within a period of 25 years beginning with the date on which this Act is passed, use either of the names mentioned in subsection (2) below without the consent of Imperial College.
(2)The names referred to in subsection (1) above are—
(a)Wye College; and
(b)The College of St. Gregory and St. Martin at Wye.