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Default If statement that returns data in a cell if False.

I have an If statement that reads '=IF(B2="Y","","=B1").
This function is repeated many times, referencing a different cell each time
in the spreadsheet.
At the moment the text '=B1' (or equivalent) is entered into the cell if the
function returns False.
How do I alter the If statement so that the information in cell B1 (not the
reference point) is inserted each time the function returns False.
--
Thank you,

Colin.
 
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