Trinity College Act 1979

Where any property was held in trust immediately before the commencement of this Act and the terms of the instrument governing the trust required or authorized the trustees at any time or in any circumstances or upon some condition or conditions that will or may occur after that commencement to apply any part of the capital or income of the trust property to or on behalf of Trinity College or any of its purposes or for the purpose of providing stipends scholarships studentships exhibitions bursaries prizes or other emoluments to or for the benefit of any person in connexion with Trinity College, the instrument governing the trust shall be construed as requiring or authorizing, as the case may be, the trustees to apply the trust property to the same extent and at the same times and in the same circumstances and upon the same conditions for the purpose of making payments whether of capital or income or to be applied as capital or income to or on behalf of the College or any of its purposes or for the purpose of providing stipends scholarships studentships exhibitions bursaries prizes or other emoluments to or for the benefit of any person in connexion with the College.

A person authorized under the Constitution to give full and sufficient receipts for moneys paid to the College is authorized to give full and sufficient receipts to the trustee or trustees for the time being of an instrument governing a trust referred to in subsection (1).