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The Education (London Residuary Body) (Transfer of Property etc.) Order 1994
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- UK Statutory Instruments
- 1994 No. 580
- Article 3
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Amendment of the 1991 Order
3. Article 4 of the 1991 Order (distribution of capital money) shall be amended —
(a)by the insertion of the following paragraph after paragraph (2)—
“(2A) On or before 31st March 1994, the Residuary Body shall pay £6,469,847.36 of capital money of the description specified in article 3(1)(c) above in the following manner—
(a)to each billing authority which is an outer London borough council, the appropriate proportion; and
(b)to the council of the Royal Borough of Kensington and Chelsea, the aggregate of the appropriate proportions in respect of billing authorities which are inner London borough councils and the Common Council of the City of London.”; and
(b)in paragraph (3)(b), by substitution of the words “paragraphs (2)(b) and (2A)” for the words “paragraph (2)(b)”.
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