Version Superseded: 01/11/1996
Point in time view as at 01/04/1994. This version of this provision has been superseded.
There are currently no known outstanding effects for the Education Act 1993 (repealed), Section 133.
(1)This section applies where any premises—
(a)transferred to the governing body of a grant-maintained school under section 38(1)(a) of this Act, or
(b)acquired by such a governing body wholly or partly with the proceeds of the disposal of any premises so transferred or of any premises so acquired,
have been transferred by them to be held on trust by the trustees of the school.
(2)If at any time the trustees dispose of the premises the Secretary of State may require them to pay to such local authority as he may specify the whole or any part of the proceeds of the disposal.
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