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That where any Grant hath been made or shall hereafter be made out of any Sums of Money heretofore granted or hereafter to be granted by Parliament for the Purposes of Education in Great Britain, under the Advice of any Committee of the Council on Education for the Time being, upon Terms and Conditions to provide for the Inspection of the School by an Inspector appointed or to be appointed by Her Majesty and Her Successors, which shall not be inserted in the Conveyance of the Site of the School, or in the Deed declaring the Trusts thereof, and such Grant shall be made in aid of the Purchase of the Site, or of the Erection, Enlargement, or Repair of the School, or of the Residence of the Master or Mistress thereof, or of the furnishing of the School, such Terms and Conditions shall be binding and obligatory upon the Trustees or Managers of the said School or other the Premises for the Time being, in like Manner and to the like Effect as though they had been inserted in the Conveyance of the Site of the said School, or in the Declaration of the Trusts thereof; and henceforth all personal Obligations entered into for the Purpose of securing the Fulfilment of such Terms and Conditions shall, so far as they relate thereto, but no further, be null and void: Provided nevertheless, that such Terms and Conditions shall have been or shall be set forth in some Document in Writing, signed by the Trustees of the said School or the major Part of them, or by the Party or Parties conveying the Site, in the Case where there shall have been a voluntary Gift thereof.
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