948. Power to deal with land held in trust for institution.

Apart from the powers conferred by the Trusts of Land and Appointment of Trustees Act 1996, 1land or buildings, not previously part of the possessions of the Duchies of Lancaster or Cornwall2, held in trust for a literary or scientific institution to which the Literary and Scientific Institutions Act 1854 applies3 may, if a sale or exchange is deemed advisable, be sold by trustees having the legal estate, by the direction or with the consent of the governing body4, if any, or exchanged for other land or buildings suitable to the purposes of the trust