The Short Title of this Act is “The Auckland College and Grammar School Act, 1882.”

It shall be lawful for the Board of Governors to let houses on tenancies from year to year, or for shorter periods, by contract without auction or tender.

Notwithstanding anything contained or expressed in “The High School Reserves Act, 1880,” every lease granted, or purporting to have been granted, by the Governors of the Auckland College and Grammar School since the passing of the said Act shall be deemed to have been from the execution thereof as valid and effectual to all intents and purposes as the same would have been had every or any such lease been duly and lawfully granted and made under the said Act; and the term granted by any such lease shall be deemed to be and to have been held from the time of the granting of the same, subject to the payment of the rents and the observance and performance of the covenants, provisoes, conditions, and agreements reserved, contained, and implied in and by the lease granting the same; and all acts, deeds, and matters done by the said Governors, and all rights, title, and interest acquired under such acts or under such leases, shall be deemed to be and to have been valid, lawful, and effectual to all intents and purposes from the doing of such act, deed, and matter, or the acquirement of such right, title, or interest.