Section 1003 of the Principal Act is amended -
(a) in subsection (2) by inserting the following after paragraph (ab):
"(ac) Paragraph (ab) shall not apply in the case of a collection of items, consisting wholly of archival material or manuscripts, which was either -
(i) created over time by one individual, family or organisation, or
(ii) was assembled by an individual, family or organisation,
and constitutes a collection of archival material or manuscripts where each item has been in such collection for a period of not less than 30 years and merits maintenance as a collection.".
(b) by inserting the following after subsection (2):
"(2A) Notwithstanding subsection (2)(c), the selection committee may make a determination in respect of an item or collection of items, consisting wholly of archival material or manuscripts, and the market value limit in respect of any one item in such a collection at the valuation date as set out in subsection (2)(c)(i)(II) shall not apply.".