63. Gifts over to charities of endowments of historic buildings etc.

If a gift for the endowment of a building of outstanding historic or architectural interest has been accepted by the Secretary of State or the Welsh Ministers1, and the trust instrument contains a provision by which, on the failure or determination of the endowment trust, the trust fund purports to be given, or is directed to be held, on charitable trusts, the validity of the gift or direction is deemed not to be, or ever to have been, affected by any rule of law or equity relating to perpetuities