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Application to education of non-educational endowments.
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9. The Commissioners of Charitable Donations and Bequests, or any other governing body having an endowment or fund which is not an educational endowment within the meaning of this Act, if there are no persons who are entitled to benefit out of the endowment, or if the purposes of the endowment have failed altogether, or have become obsolete or useless, or are otherwise sufficiently provided for, or are insignificant in comparison with the magnitude of the endowment, or are, in the opinion of such governing body, not substantially beneficial to the class of persons for whom such endowment was originally intended, or if it has been found impossible, either from the inadequacy of the endowment or the impracticable character of the founder’s intentions, to carry these intentions into effect, may, if they think fit, intimate in writing to the Commissioners their assent to the endowment being deemed to be, and thereafter such endowment may be dealt with in all respects as if it were an educational endowment.
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The Commissioners, with the consent of “the Commissioners of Education in Ireland,” may by any scheme or schemes under this Act confer upon the said Commissioners of Education all or any such further, additional, or amended powers as may appear necessary or expedient for the management and control of the endowments vested in or controlled by the said Commissioners of Education, or for the efficient exercise of the powers of the said Commissioners.
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