Article 7 Amendments to the King’s College London Act 1978

for subsection (1) substitute—

“12.

(1)

On the specified date the Council shall set up and shall thereafter maintain an investment pool which shall be called the “pool” and shall carry into the pool any investments and money held immediately before that date in the investment pools set up and maintained by the Council under this Act as enacted and the pool shall then be administered by the Council in the manner provided in this Act.”;

omit subsection (2);

for subsection (3) substitute—

“(3)

At any time after the specified date, the Council may carry into the pool any such investments and money as belong, for the time being, to any endowment fund.”;

in subsection (4) omit “trustee investments pool or the general” and “(as the case may be)”.