old Act is to be construed as a reference, as the case requires, to— university statutes; or (ii) the university regulations. 71 Gifts, trusts and other dispositions (1) This section applies to— gift, disposition or trust of property or a trust fund to which the old Act applied immediately before the commencement date; or gift, disposition or trust of property or a trust fund— or declared, or deemed to have been made or declared, or created (as the case requires) before, on or the commencement date, by deed, will or otherwise, to, in favour of, for the use of, or for the purposes of the University as established under the old Act; and (ii) takes effect, or may take effect, or, in the case of a trust fund may be applied, on or after the commencement date. (2) A gift, disposition, trust or trust fund to which this section applies does not fail only because of the repeal of the old Act but, in relation to any other matter occurring on or after the commencement date—
old Act is to be construed as a reference, as the case requires, to— university statutes; or (ii) the university regulations. 71 Gifts, trusts and other dispositions (1) This section applies to— gift, disposition or trust of property or a trust fund to which the old Act applied immediately before the commencement date; or gift, disposition or trust of property or a trust fund— or declared, or deemed to have been made or declared, or created (as the case requires) before, on or the commencement date, by deed, will or otherwise, to, in favour of, for the use of, or for the purposes of the University as established under the old Act; and (ii) takes effect, or may take effect, or, in the case of a trust fund may be applied, on or after the commencement date. (2) A gift, disposition, trust or trust fund to which this section applies does not fail only because of the repeal of the old Act but, in relation to any other matter occurring on or after the commencement date—
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