Part III Acquisition of Land

10 Existing 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 M1Trusts of Land and Appointment of Trustees Act 1996) is settled land, or

(b)

a trust to which the M2Universities 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.