That all lands belonging to the United Church of England and Ireland in Victoria which shall prior to the establishment of Victoria as a separate Colony from New South Wales have been granted or conveyed to the Bishop of Australia and his successors shall from the time of the passing of this Act vest in the Bishop of Melbourne and his successors in trust for the United Church of England and Ireland in Victoria to all intents and purposes as if the words Bishop of Melbourne had been used in the deed of grant or conveyance thereof instead of the words Bishop of Australia wheresoever they may occur and such deed of grant or conveyance had been executed subsequently to the establishment of the Colony of Victoria.