(1)A Parent Council may–
(a)raise funds by any means other than by borrowing,
(b)receive gifts,
and may expend any sums so received at its discretion.
(2)A Parent Council is to keep proper accounts in relation to any sums received by it under subsection (1).
(3)A Parent Council is not to acquire any interest in heritable property, whether by inheritance, gift or otherwise.
(4)Where a Parent Council ceases to exist, any property belonging to it passes to the education authority; but (except where the council has ceased to exist by virtue of section 8(16)) the authority is to use any such property for the benefit of the school.
(5)Subsection (4) is subject to section 16(5).
Commencement Information
I1S. 10 in force at 1.8.2007 by S.S.I. 2007/31, art. 2(b), sch. 2