19 Educational endowments
Further and Higher Education (Scotland) Act 1992 (1992 c 37) | Legislation

Educational Endowments and Trusts

19  Educational endowments

(1)     Where, immediately before the first transfer date in relation to any college of further education prescribed by the Secretary of State under section 11 of this Act, an educational endowment is to any extent vested in an education authority or an officer of such an authority solely for the purposes of benefiting—

(a)     the college; or

(b)     students of the college,

such endowment shall, on that date, to that extent and for those purposes, be transferred to and vest in the board

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