Nelson Pillar Act, 1969

Vesting of site of Pillar and termination of trusts.

3.—(1) On the commencement of this Act—

(a) the site of the Pillar shall, without any further conveyance, transfer or assignment, become and be vested in the Corporation for all the estate and interest for which, immediately before such commencement, it was vested in the trustees,

(b) the trusts shall stand terminated.

(2) The Corporation may, with the consent of the Minister, appropriate the site of the Pillar for any purpose within their functions.

(3) Section 12 of the Finance Act, 1895 , shall not apply in relation to the vesting under this section.