This Statutory Instrument has been printed to correct errors in S.I. 1996/2247 and is being issued free of charge to all known recipients of that Statutory Instrument.
Statutory Instruments
1997 No. 294
EDUCATION, ENGLAND AND WALES
The Education (Transfer of Functions Relating to Grant-maintained Schools) Order 1997
Made
30th January 1997
Laid before Parliament
13th February 1997
Coming into force
5th March 1997
In exercise of the powers conferred on the Secretary of State by paragraph 1 of Schedule 3 to, and section 568(6) of, the Education Act 1996(1), the Secretary of State for Education and Employment hereby makes the following Order:
Citation and commencement
1. This Order may be cited as the Education (Transfer of Functions Relating to Grant-maintained Schools) Order 1997, and shall come into force on 5th March 1997.
Revocation
2. The Education (Transfer of Functions Relating to Grant-maintained Schools) Order 1996(2) is hereby revoked.
Transfer of functions relating to grant-maintained schools
3. The power of the Secretary of State under section 231(6) of the Education Act 1996 to consent to borrowing by grant-maintained schools, mentioned in paragraph 1(2) of Schedule 3 to that Act, shall be exercisable instead, in relation to England, by the Funding Agency for Schools(3).
Cheryl Gillan
Parliamentary Under-Secretary of State,
Department for Education and Employment
30th January 1997
Explanatory Note
(This note is not part of the Regulations)
This Order replaces the Education (Transfer of Functions Relating to Grant-maintained Schools) Order 1996, which is revoked because of an error in the drafting. It transfers to the Funding Agency for Schools the Secretary of State’s power, in relation to England, to consent to borrowing by grant-maintained schools under section 231(6) of the Education Act 1996.
The Funding Agency for Schools was established under section 3 of the Education Act 1993 (c. 35), which Act was repealed by Part I of Schedule 38 to the Education Act 1996. Section 20 of this Act provides for the continued existence of the Funding Agency for Schools.