The Education (Inner London Education Authority) (Property Transfer) (Modification and Amendment) Order 1997

3.  The Education (London Residuary Body) (Property Transfer) Order 1992(1) shall be amended—

(a) by the insertion at the beginning of paragraph (1) of article 7 of the words “Subject to paragraph (3),”;

(b) by the addition at the end of article 7 of a new paragraph—

“(3) Before making any payment under paragraph (1) on or after 31st March 1997, Kensington and Chelsea shall first pay, from the sums realised by them referred to in that paragraph, the amounts set out in column (2) of Schedule 4, to the councils set out opposite thereto in column (1) of that Schedule.”; and

(c) by the addition after Schedule 3 of the Schedule set out in Schedule 2 to this Order.

(1)

S.I. 1992/587; to which there are amendments not relevant to this Order.