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Imperial Institute Act 1925

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1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1U.K.

2F2Imperial Institute Trustees.U.K.

(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3

(2)[F4The Commonwealth Institute Trustees] shall hold the Imperial Institute Building and the Endowment Fund and all other property for the time being vested in them for the purposes of this Act or for any of those purposes to which the same may be applicable.

(3)[F4The Commonwealth Institute Trustees] may invest any money constituting capital of the Endowment Fund or other money for the time being vested in them in any securities in which trustees may for the time being invest under [F5the M1Trustee Investments Act 1961]

(4)[F4The Commonwealth Institute Trustees] may if requested by [F6the Secretary of State for Education and Science] with the consent of the Board of Governors hereinafter constituted sell lease or otherwise dispose of any real or personal estate held by them and apply any proceeds for the purpose of carrying out the objects of this Act or any of those objects to which the property disposed of was applicable but in the case of the proceeds of sale only in a manner in which capital money is properly applicable.

Textual Amendments

F2Unreliable margin note

F5Words substituted by virtue of Interpretation Act 1978 (c. 30), s. 17(2)(a)

F6Words substituted by virtue of S.I. 1949/588 (1949 I, p. 2571) art. 2(2) and 1964/490 arts. 2(1), 3(2)

Marginal Citations

3 Transfer of property to Secretary of the Department of Overseas Trade.U.K.

All property real or personal all rights and obligations and all debts or liabilities which at the commencement of this Act are the property rights obligations debts or liabilities of the Secretary of State for the Colonies in pursuance of the Acts of 1902 and 1916 or of the Imperial Mineral Resources Bureau under the said Charter shall become the property rights obligations debts or liabilities of the responsible Minister and the responsible Minister for the time being shall have any powers necessary to enable him to hold any such property.

4 Application of property.U.K.

(1)The Imperial Institute Building or so much thereof as is not for the time being leased or otherwise disposed of shall be used and all property transferred to the responsible Minister under this Act and the income of the Endowment Fund and all sums received by the responsible Minister in respect of the exercise of any of his powers and duties under this Act shall be used and applied by the responsible Minister so far as practicable in carrying out [F7the purposes of the Commonwealth Institute] set forth in the First Schedule to this Act so however that any property transferred from the Imperial Mineral Resources Bureau which was given to that bureau shall be applied to the purposes for which it was so given.

(2)The responsible Minister shall receive and hold any sums of money or property given or entrusted to him for any purpose for which property transferred to him under this Act may be used and shall apply any such sums of money or property for the purposes for which they are so given or entrusted to him.

(3)The income of the Endowment Fund shall be paid over by [F7the Commonwealth Institute Trustees] to the responsible Minister and the Imperial Institute Building shall be under the management of the responsible Minister.

Textual Amendments

5 Powers of management.U.K.

(1)The responsible Minister shall take such steps, make such arrangements and employ such persons as he thinks necessary or expedient for carrying out his duties under this Act.

(2)There shall be established for the purpose of carrying on the management of [F8the Commonwealth Institute] under the responsible Minister a Board of Governors constituted in accordance with the provisions of the Second Schedule to this Act.

Textual Amendments

6, 7.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F9U.K.

8 Power to vary provisions of Act.U.K.

His Majesty in Council may if an agreement for the purpose is made with the Governments of [F10any of the countries mentioned in subsection (2) of this section] which for the time being are contributing towards the expenses of [F10the Commonwealth Institute] by Order in Council vary the provisions of this Act which—

(a)prescribe the purposes of [F10the Commonwealth Institute];

(b)regulate the management of [F10the Commonwealth Institute];

(c)prescribe the constitution of the Board of Governors:

Provided that before a draft of any such Order is submitted to His Majesty in Council it shall be laid before each House of Parliament for a period of not less than twenty-one days during the session of Parliament.

[F11(2)The countries hereinbefore referred to are Canada, Australia, New Zealand, India, [F12Pakistan], Ceylon, Ghana, Malaysia, the Republic of Cyprus, Nigeria, Sierra Leone, Tanganyika and Jamaica and Trinidad and Tobago and Uganda and Kenya and Zanzibar and Malawi and Zambia and Malta and The Gambia and Guyana and Botswana and Lesotho and Singapore and Barbados and Mauritius and Swaziland and Tonga and Fiji and the Bahamas and Bangladesh and Grenada and Seychelles and Solomon Islands and Tuvalu and Dominica [F13and St. Lucia, and Kiribati, and Saint Vincent and the Grenadines, Papua New Guinea, Western Samoa and Nauru, and the New Hebrides, and Zimbabwe, and Belize, and Antigua and Barbuda, and Saint Christopher and Nevis and Brunei and Maldives][F14and Namibia]]

9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F15U.K.

10F16Short title commencement and interpretation.U.K.

(1)This Act may be cited as the Imperial Institute Act 1925.

(2),(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F17

Textual Amendments

F16Unreliable marginal note.

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