(1)An education authority shall have a scheme for delegating to the headteacher of a school—
(a)managed by them; and
(b)of a category of school which is stated in the scheme to be covered by the scheme,
management of that share of the authority’s budget for a financial year which is available for allocation to individual schools and is appropriated for the school; or management of part of that share.
(2)The scheme—
(a)shall delegate to the headteacher the preparation of the school development plan; and
(b)may also so delegate such other management functions in relation to the school as the authority think fit.
(3)The scheme shall require that the headteacher exercise the delegated functions in a manner consistent with the education authority’s duties under section 3(2) of this Act.