4.—(1) Any land specified in column 1 of Schedules 2 to 13, and rights or liabilities in relation to such land acquired or incurred by ILEA exclusively for or in connection with its LEA functions, shall vest in the body specified in that respect in each of those Schedules respectively subject to the conditions (if any) specified in relation thereto in column 2; and article 3, insofar as it is inconsistent with this article, shall not apply to any property so specified.
(2) Section 123(2) of the Local Government Act 1972(1) shall not apply to a transfer in accordance with any condition specified in article 2(2).
(3) Conditions C and D so specified are local land charges for the purposes of section 1(1)(e) of the Local Land Charges Act 1975(2).
(4) Any transfer of land which includes school buildings effected by paragraph (1) also includes any dwelling-house within the curtilage of any such building which is held and occupied immediately before 1st April 1990 for the purpose of a caretaker’s dwelling.