OpenLegislation

Paragraph 3 Transfer of specific interests in educational endowments from Grampian Regional Council to Aberdeen City Council

Original text. Later amendments are not shown.

(1)

On 1st April 1996 the following educational endowments vested in Grampian Regional Council immediately before that date shall be transferred to and vest in Aberdeen City Council:—

(a)

the endowments comprised in the Grampian Regional Council Prize Fund (to be renamed with effect from 1st April 1996 the Aberdeen City Council Prize Fund) and in the Murray Pictures Fund, James Findlay Prize Fund and Liddel Prize Fund, all administered in accordance with the City of Aberdeen Educational Endowments Scheme 1985f1; and

(b)

the endowments listed in Part I of Schedule 1.

(2)

On 1st April 1996 the following powers vested in Grampian Regional Council immediately before that date shall be transferred to and vest in Aberdeen City Council:—

(a)

all powers under the City of Aberdeen Educational Endowments Scheme 1985; and

(b)

all powers with respect to the endowments listed in Part I of Schedule 1.

Annotations

Footnotes

f1

Approved by the Court of Session on 17th December 1985, amended by the City of Aberdeen Educational Endowments (Amendment) Schemes 1988 and 1991.