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32In section 123 (provisions supplementary to sections 121 and 122)—
(a)at the end of subsection (1) there is added “or which has become a higher education corporation by virtue of section 122A of this Act”, and
(b)for subsection (3) there is substituted—
“(3)Schedule 7 to this Act has effect with respect to each higher education corporation established before the appointed day (within the meaning of section 124A of this Act) unless an instrument of government for the corporation made under that section has effect.
(4)A higher education corporation established under section 122 of this Act on or after that day for the purpose of conducting any institution shall be established initially under the name given in the order under that section establishing the corporation.”
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