197Education Assets Board
(1)There shall be established a body corporate to be known as the Education Assets Board.
(2)The Board shall consist of a chairman and not less than two nor more than ten other members appointed by the Secretary of State.
(3)In appointing the members of the Board the Secretary of State shall have regard to the desirability of including persons who appear to him to have experience of, and to have shown capacity in, property management, local government or education.
(4)The principal functions of the Board are those conferred or imposed on them under sections 198 to 201 of and Schedule 10 to this Act; and the Board may also undertake such other activities as they consider it necessary or expedient to undertake for the purposes of or in connection with carrying out any of their functions.
(5)The Secretary of State may make grants to the Board of such amounts and subject to such conditions as he may determine.
(6)In exercising their functions under this Act the Board shall comply with any directions given to them by the Secretary of State.
(7)Any local education authority shall give the Board such information as the Board may require for the purposes of the exercise of any of their functions under this Act.
(8)The Board shall not be regarded as the servant or agent of the Crown or as enjoying any status, immunity or privilege of the Crown; and the Board’s property shall not be regarded as property of, or property held on behalf of, the Crown.
(9)Schedule 8 to this Act has effect with respect to the Board.