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Interests acquired after passing of Act.
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12. Every interest, right, privilege, or preference which any person may acquire after the passing of this Act in or relative to any educational endowment, or in the governing body thereof, or as member of any such governing body, or in or relative to any office, place, employment, pension, compensation allowance, bursary, or emolument in the gift of any such governing body, shall be subject to the provisions of any scheme made under this Act; and the governing body of an educational endowment shall not during the continuance of the power of making schemes under this Act begin to build, rebuild, or enlarge any school buildings, or teachers’ residences, or buildings connected therewith, except with the written consent of the Commissioners, or under the directions of such a scheme; but this provision shall not prevent them from continuing any works begun before the passing of this Act, or from doing anything necessary for the repair or maintenance of buildings or residences existing at the passing of this Act.
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