Part IResponsibility for education

Chapter IAdministration

Funding authorities: Supplementary

8Value-for-money studies of grant-maintained schools

1

Each funding authority shall make arrangements for carrying out such value-for-money studies of grant-maintained schools in England or, as the case may be, Wales as in their opinion are required or as the Secretary of State may direct.

2

The authority shall, in particular—

a

in forming an opinion as to whether any value-for-money study is required to be carried out in pursuance of this section, have regard to the desirability of value-for-money studies being carried out at regular intervals, and

b

in determining the scope of any value-for-money study to be carried out in pursuance of this section otherwise than on the direction of the Secretary of State, have regard to the scope of any value-for-money study which is being or has recently been carried out.

3

In this section “value-for-money study”, in relation to any grant-maintained school, means—

a

any examination into the economy, efficiency and effectiveness with which the governing body of the school have, in discharging their functions, used grant made by the authority, and

b

any study designed to improve economy, efficiency and effectiveness in the management or operations of the school.