OpenLegislation

Paragraph 8 Transfer of interests in any educational endowments not specifically provided for from Lothian Regional Council to new authorities

Original text. Later amendments are not shown.

(1)

Where immediately before 1st April 1996 there were vested in Lothian Regional Council—

(a)

to any extent, any educational endowments;

(b)

any powers with respect to educational endowments;

(c)

any rights to be paid money out of educational endowments,

which are not specifically provided for in paragraphs 3 to 7, such educational endowments shall to the same extent, and such powers and rights shall, on that date be transferred to and vest in the appropriate new authority.

(2)

Where immediately before 1st April 1996 there were vested by virtue of his office in the holder of an office connected with Lothian Regional Council, or in a person nominated by that Council—

(a)

to any extent, any educational endowments;

(b)

any powers with respect to education endowments,

such educational endowments shall to the same extent, and such powers shall, on that date be transferred to and vest in—

(i)

in the case where they were vested by virtue of his office in a councillor, or in the holder of a specified office held by a councillor, a councillor of the appropriate new authority nominated by that authority for the purpose;

(ii)

in the case where they were vested by virtue of his office in an officer of Lothian Regional Council, the proper officer of the appropriate new authority;

(iii)

in the case where they were vested in a person nominated by Lothian Regional Council, a person nominated by the appropriate new authority.

(3)

In this paragraph, “the appropriate new authority” means—

(a)

subject to head (c) below, the new authority for the area in which any educational establishment to which the endowment relates is situated; or

(b)

subject to head (c) below, where the endowment relates to no particular establishment, the new authority for the area in which the beneficiaries of the endowment are required under its governing instrument to reside or with which they are so required to have some other connection; or

(c)

where heads (a) and (b) above do not apply, or where application of them indicates more than one new authority, the new authority for the area with which the endowment is most closely connected.