SCHEDULE 22 Disposals of Land in case of certain schools and Disposals on Discontinuance | Part Iv | [Part IV Disposal Of Land Of A Voluntary Aided School By The [Local Authority]] | School Standards And Framework Act 1998 C31

[Part IV Disposal of Land of a Voluntary Aided School by the [Local Authority]]

School Standards and Framework Act 1998 (1998 c 31) | Legislation

[Part IV Disposal of Land of a Voluntary Aided School by the [Local Authority]

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(1) In this paragraph—

[(a) subject to sub-paragraph (7), “capital expenditure” means expenditure of the governing body in question which falls to be capitalised in accordance with proper accounting practices;]

(b) “commencement date” means the date on which [the Regulatory Reform (Voluntary Aided Schools Liabilities and Funding) (England) Order 2002] comes into force;

(i) the governing body of a voluntary aided school; or

(ii) if the school has been discontinued and the governing body dissolved, the trustees;

(d) “relevant land” means—

(i) any caretaker's dwelling; or

(ii) other buildings which are not school buildings;

which form part of the premises of a voluntary aided school.

(2) This paragraph applies to any disposal by the [local authority] of relevant land enhanced in value wholly or partly by means of capital expenditure incurred by the governing body after the commencement date.

(3) But this paragraph shall not apply unless the relevant body gives to the [local authority] no later than 12 months after the expenditure is incurred a statement—

(a) setting out the amount of expenditure; and

(b)