In section 40 (provisions as to Newcastle Chapter Endowment Fund) for the words from the beginning to “section 1 of this Measure” there shall be substituted the words “The statutes made in pursuance of paragraph 1 of Schedule 1 to the Cathedrals Measure 1999 and any revision thereof under Part II of that Measure” and for the words from “that scheme” to the end there shall be substituted the words “the date on which those statutes come into operation that Fund shall be applied for the purpose for which it was applied immediately before that date”