|
|
Transfer of property.
|
14.—(1) The buildings of the Royal University of Ireland and of Queen’s College, Belfast (together with the equipment and appurtenances thereof), shall, by virtue of this Act and without any further assurance, be transferred to and become vested in the new university having its seat at Dublin and the new university having its seat at Belfast respectively, except such buildings of the Royal University of Ireland (if any) as may be appropriated to the new college having its seat at Dublin by virtue of a scheme made by the Dublin Commissioners under this section.
|
|
| |
(2) The commissioners may jointly make a scheme—
|
|
| |
(a) For transferring to one or other of the new universities any property, real or personal, of the Royal University of Ireland or Queen’s College, Belfast (including trust property), not transferred by virtue of the foregoing provisions of this section:
|
|
| |
(b) For transferring to one or other of the new universities any rights, powers, liabilities, or obligations of the Royal University of Ireland or Queen’s College, Belfast, or any members or officers thereof, or attaching to the property thereof:
|
|
| |
(c) For making any alteration in the terms of any trust which may be rendered necessary or proper in consequence of the dissolution of the Royal University of Ireland or Queen’s College, Belfast:
|
|
| |
Provided that the scheme shall make provision that any property held in trust solely for Queen’s College, Belfast, shall be transferred to the new university having its seat at Belfast.
|
|
| |
(3) The commissioners may by their scheme as respects any property not transferred to the new university having its seat at Belfast, instead of transferring that property to the new university having its seat at Dublin, provide for the property being appropriated as between that university and the new college having its seat at Dublin, in such manner as may be determined under a scheme made by the Dublin Commissioners, and the Dublin Commissioners may make such a scheme accordingly and may also by the same or a separate scheme provide for the appropriation to the new college having its seat at Dublin of any buildings of the Royal University in Ireland.
|
|
| |
(4) Any buildings or property held by the Commissioners of Public Works in Ireland for the purpose of Queen’s College, Belfast, shall, for the purposes of this section, be deemed to be property of Queen’s College, Belfast, and any buildings or property held by those Commissioners for the purpose of Queen’s College, Cork, and Queen’s College, Galway, shall, by virtue of this Act, become vested in those colleges respectively.
|
|
| |
(5) Where any property transferred or appropriated to either of the two new universities, or to the new college having its seat at Dublin, by virtue of this section or any scheme made thereunder, is a private endowment subject to trusts, the governing body of the university or college shall in the application of that property as far as possible give effect to the trusts affecting it, and provision shall be made for that purpose by the scheme.
|
