Paragraph 2 Consequential amendments and repeals
(a)
Section 6 of the Act (incidental powers of the Administrative Trustees and the Public Trustee) shall have effect as if the words “and the Public Trustee” were removed.
(b)
Section 7 of the Act (registration of the Public Trustee as holder of the securities representing the Endowment Fund) shall cease to have effect.
(c)
Clause 8 of the Scheduled Deed (vesting of the Endowment Fund) shall cease to have effect.