The Short Title of this Act is The Wellington Corporation and Hospital Contributors Exchange Act 1895.

It shall be lawful for the Wellington Hospital Contributors (a corporation constituted under The Hospitals and Charitable Institutions Act 1885,) to convey unto the Mayor, Councillors, and Citizens of the City of Wellington the parcel of land described in the Schedule hereto (being part of the lands comprised in Schedule 4 to The Wellington Asylum, Home, Hospital, and Orphanage Reserves Act 1888,) in exchange for a parcel of land, of equal area, to be selected from the lands vested in the Mayor, Councillors, and Citizens of the City of Wellington, and commonly known as the “Town Belt,” such selection to be made by mutual agreement between the aforesaid parties.

It shall be lawful for the Mayor, Councillors, and Citizens of the City of Wellington to convey unto the Wellington Hospital Contributors the part of the Town Belt so to be selected as aforesaid, in exchange for the said parcel of land described in the said Schedule hereto.

The respective parcels of land to be received in exchange under the provisions of this Act by the said parties respectively shall be held by them respectively upon the same trusts, and with and subject to the same powers, restrictions, and provisions, as the respective parcels of land to be given in exchange by them respectively were held immediately before the effecting of such exchange, save and except the power of exchange conferred by this Act.