35 Funding of voluntary aided schools: meaning of “capital expenditure”
Education and Inspections Act 2006 (2006 c 40) | Legislation

35  Funding of voluntary aided schools: meaning of “capital expenditure”

(1)     Part 2 of Schedule 3 to SSFA 1998 (funding of voluntary aided schools) is amended as follows.

(2)     In paragraph 3, as it applies in relation to England, omit sub-paragraph (3) (the definition of “capital expenditure” for the purposes of the Schedule).

(3)     After paragraph 9 insert—

“9

Meaning of “capital expenditure”

(1)     This paragraph applies for the purposes of this Schedule as it applies in relation to England.

(2)     Subject to sub-paragraphs (3) and (4), references in this Schedule to capital expenditure, in relation to an appropriate body or the promoters, in the case of a voluntary aided school, are references to—

(a)     expenditure of the body or, as the case

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