Universities and College Estates Act 1964
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In this Act “college” includes a hall; and for the purposes of this Act the Cathedral or House of Christ Church in Oxford shall be considered to be a college in the University of Oxford.
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This section applies to the following universities and colleges, that is to say—
the universities to which the Universities and College Estates Act 1925 (in this Act referred to as " the Act of 1925 ") applies, and
all colleges in those universities.
In relation to universities and colleges to which this section applies, the Act of 1925 shall have effect subject to the exceptions and modifications specified in Part I of Schedule 1 to this Act (being exceptions and modifications for removing restrictions on the powers of those universities and colleges).
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In relation to universities and colleges to which the last preceding section applies, the Act of 1925 shall have effect subject to the further exceptions and modifications specified in Part II of Schedule 1 to this Act (being exceptions and modifications relating to the receipt and application of capital money).
Where at the commencement of this Act any capital money belonging to a university or college to which the last preceding section applies is held by the Minister of Agriculture, Fisheries and Food, that Minister shall pay or transfer it to that university or college, or to a person designated for the purpose by that university or college.
Any capital money which in pursuance of the last preceding subsection is paid or transferred to a university or college, or to a person designated by a university or college, shall be held by that university or college, or by that person, as the case may be, on the like trusts (if any) and subject to the like provisions (whether having effect by virtue of an enactment or otherwise) as the capital money so paid or transferred would have been subject to if it had continued to be held as mentioned in the last preceding subsection.
Any stamp duty payable on, or other expenses of or incidental to, the payment or transfer of any capital money in pursuance of this section shall be paid by the university or college to whom the capital money belongs.
The provisions of Schedule 2 to this Act shall have effect with respect to sinking funds.
In this section " capital money" includes any property representing capital money, and " property " includes any investment, any estate or interest in real or personal property, any negotiable instrument, debt or other chose in action and any other right or interest whether in possession or not; and for the purposes of this section capital money shall be taken to belong to a university or college if it is held on behalf of that university or college, whether for the general purposes thereof or for any special endowment or other special purpose connected with that university or college.
The enactments specified in Schedule 3 to this Act shall have effect subject to the amendments specified in that Schedule (being minor amendments or amendments consequential upon the preceding provisions of this Act).
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This Act may be cited as the Universities and College Estates Act 1964; and the Universities and College Estates Act 1925 and this Act may be cited together as the Universities and College Estates Acts 1925 and 1964.
This Act shall not extend to Scotland or to Northern Ireland.
In so far as any enactment contained in this Act, or amended or modified by this Act, is capable of applying, as part of the law of England and Wales, to land in Scotland or in Northern Ireland, the last preceding subsection shall not affect the operation of that enactment, as part of that law, in relation to any such land.
This Act shall come into operation at the end of the period of one month beginning with the day on which it is passed.
Sections 2, 3.
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Section 3.
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any approval or sanction of the Minister in pursuance of paragraph (a) of the proviso to section 26(2) of the Act of 1925, or under section 32(1) of that Act,
any condition imposed by the Minister in giving his consent to any transaction under that Act (whether that condition was contained in any order evidencing that consent or not), and
any condition attached to a direction given by the Minister under that Act,
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Section 4.
Enactment Amendment The Kendal Corn Rent Act 1932 (22 & 23 Geo. 5. ch. lxiv). In section 10, in subsection (1), the word " pay" shall be transferred to the beginning of paragraph (a), and, in paragraph (b), for the words " to the Minister " there shall be substituted the words " shall retain "; in subsection (3), for the words " so paid to the Minister shall be accumulated by him on behalf of the rectors " there shall be substituted the words " retained by the rectors under paragraph (b) of subsection (1) of this section shall be accumulated by them " ; and in subsections (3) and (4) the words "the Minister on behalf of", in each place where they occur, shall be omitted. In section 11, in subsection (4), in paragraph (i), for the word " Minister " there shall be substituted the word " rectors ", and, in paragraph (ii), for the word " Minister " there shall be substituted the word " rectors " and the words "him on behalf of" shall be omitted; and in subsection (5) the words " to the Minister " shall be omitted. The Universities and Colleges (Trusts) Act 1943 (6 & 7 Geo. 6. c. 9). In section 2, at the end there shall be added the following subsection:— The Agricultural Holdings Act 1948 (11 & 12 Geo. 6. c. 63). In section 81, at the end of subsection (2) there shall be added the words " or, in the case of a university or college to which section 2 of the Universities and College Estates Act 1964 applies, it appears to the university or college to be necessary to do so in accordance with the said subsection (5) as modified by Schedule 1 to the said Act of 1964 ".
Enactment Amendment The Kendal Corn Rent Act 1932 In section 10, in subsection (1), the word “pay” shall be transferred to the beginning of paragraph (a), and, in paragraph (b), for the words “to the Minister” there shall be substituted the words “shall retain” ; in subsection (3), for the words “so paid to the Minister shall be accumulated by him on behalf of the rectors” there shall be substituted the words “retained by the rectors under paragraph (b) of subsection (1) of this section shall be accumulated by them”, . . . In section 11, in subsection (4), in paragraph (i), for the word “Minister” there shall be substituted the word “rectors”, and, in paragraph (ii), for the word “Minister” there shall be substituted the word “rectors” . . . . The Universities and Colleges (Trusts) Act 1943. In section 2, at the end there shall be added the following subsection:— . . . . . .
Enactment Amendment The Universities and College Estates Act 1925. In section 29, for the words fom “will give to the parties interested” to the end there shall be substituted the words “is appropriate to make a proper allocation thereof as between capital and income”. In section 43(vii), in the definition of “mining purposes” for the words “the settled land, or any other” there shall be substituted the word “any”. . . . . . . . . . . . . The Coast Protection Act 1949. In section 11(2)(a), for the words “thirty-one” there shall be substituted the word “thirty”. The Landlord and Tenant Act 1954. In Schedule 2, in paragraph 6, for the words “thirty-one” there shall be substituted the word “thirty”. . . . . . . . . . . . .
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