Section 7

The several persons mentioned in the third column of the Second and Third Schedules hereto, or the survivors or survivor of them, or the executors or administrators of them, or any of them in whom were vested the respective estates and interests mentioned in the second column of the said Second and Third Schedules, in the lands, hereditaments and premises specified in the first column of the said Second and Third Schedules, are hereby divested of such estates and interests, and such estates and interests are hereby vested in the Corporation as Trustee for the Society of Saint Maur, subject nevertheless to all conditions of tenure incident thereto, and to any trusts affecting the same, but with full power, subject as aforesaid, for the Corporation as such Trustee to deal with the property so vested in accordance with the provisions of section 5(4) hereof.