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Statutory Instruments
1996 No. 2247
EDUCATION, ENGLAND AND WALES
The Education (Transfer of Functions Relating toGrant-maintained Schools) Order 1996
Made
2nd September 1996
Laid before Parliament
2nd September 1996
Coming into force
23rd September 1996
In exercise of the powers conferred on the Secretary of State by section 17 of the Education Act 1993(1), the Secretary of State for Education and Employment hereby makes the following Order:
Citation and commencement
1. This Order may be cited as the Education (Transfer of Functions Relating to Grant-maintained Schools) Order 1996 and shall come into force on 23rd September 1996.
Transfer of functions relating to grant-maintained schools
2. The power of the Secretary of State under section 68(6) of the Education Act 1993(2) to consent to borrowing by grant-maintained schools, mentioned in section 17(2) of the Education Act 1993, shall be exercisable instead by the Funding Agency for Schools(3).
Gillian Shephard
Secretary of State for Education and Employment
2nd September 1996
Explanatory Note
(This note is not part of the Regulations)
This Order transfers to the Funding Agency for Schools the Secretary of State's power to consent to borrowing by grant-maintained schools under section 68(6) of the Education Act 1993.
1993 c. 35; section 17(2) of that Act is amended by paragraph 10 of Schedule 3 to the Nursery Education and Grant-maintained Schools Act 1996 (c. 50). This amendment is effective from 1st September by virtue of the Nursery Education and Grant-maintained Schools Act 1996 (Commencement No. 1) Order 1996 (S.I. 1996/2022 (c. 44)).
Section 68(6) is substituted by section 7 of the Nursery Education and Grant-maintained Schools Act 1996.
The Funding Agency for Schools was established under section 3 of the Education Act 1993.