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3(1)Where, under paragraph 2, the Secretary of State receives a proposal to establish a community, foundation or voluntary school, he shall—
(a)reject the proposal,
(b)approve it without modification, or
(c)approve it with such modifications as he thinks desirable after consulting such persons as may be prescribed.
(2)Any approval given under this paragraph may be expressed to take effect only if an event specified in the approval occurs by a date so specified.
(3)Where the specified event does not occur by that date (or, where a later date is specified under paragraph 5(2)(b), that later date), the proposal falls to be considered afresh under sub-paragraph (1).
(4)The Secretary of State shall notify the interested parties and the local education authority which published the proposal of any decision under sub-paragraph (1).
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