22 Functions of funding authorities.E+W
(1)The functions which are or may be exercisable by a funding authority include in particular those which are or may be so exercisable by virtue of—
(a)section 23 (value-for-money studies of grant-maintained schools);
(b)section 27 (responsibility for provision of school places to be held together with, or to the exclusion of, local education authority); and
(c)Chapter VI of Part III (funding of grant-maintained schools).
(2)Schedule 3 enables the Secretary of State to transfer to a funding authority certain functions of his with respect to education.