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The video is thought to have been taken just as the security arrived at the University of Salford's Peel Park Quarter student accommodation and shows several people - thought to be students - climbing through the windows of a flat on the first floor to escape the approaching security.
Some can be seen helping others down, whereas quite a few of them just jump without any help whatsoever.
As they jump, one person in the video can be heard to joke that Salford Royal Hospital would be 'full' of casualties as a result of the mass window jumping.
In another video, one escaping person even seems to damage the front of the building after losing his grip and slipping from the wall.
The University of Salford has confirmed that action is to be taken against all those who were involved in the incident.
In a statement, they wrote: "We are aware of a video circulating on social media showing an incident at Peel Park Quarter.
"Security were called and dealt with it on the night and action is being taken with regards to those involved.
"Students have been, and continue to be, reminded about the rules and behaviour that is expected of them."
This latest incident comes after four Nottingham Trent University students were fined £10,000 each and suspended from the university for holding a party in their house in Nottingham.
Police attended the scene to disperse those involved, but were told that many people had already left.
Later, they found that more than 30 people had been hiding in the house during the police visit.
Nottinghamshire Police Assistant Chief Constable Kate Meynell said: "This needs to stop.
"The claims that police presented as a barrier to the students' fun are astounding.
"How many fines do we have to give before the message is understood?
"We do not take pleasure in handing out fines and would much rather be in a situation where students could enjoy themselves but the reality is that if people do not follow the Covid-19 restrictions, more people will die.
"The majority of students are following the rules but there obviously is a significant number of them who feel as though they can show blatant disregard for the safety of those around them."
She continued: "We have demonstrated that we will take action where necessary and I'd like to thank the Community Protection Officers for spotting the party and engaging with the occupants at the house in Lenton last night.
"The students were given the opportunity for the situation to end with a warning but instead decided it was appropriate to lie to officers.
"This behaviour will not be tolerated and I urge those who are considering to host parties to think again.
"We will be working closely with Nottingham Trent University and Nottingham City Council to make sure that all breaches of Covid legislation are attended and dealt with appropriately."
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