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4. The functions of the funding authority under sections 247 and 248 of the 1996 Act in relation to—
(a)any payments of maintenance grant under section 244 of that Act in respect of any financial year beginning before 1st April 1999(1); and
(b)any payments of capital or special purpose grants under section 245 or 246 of that Act made before that day,
shall be discharged instead by the Secretary of State as from that day.
This is the appointed day for the purposes of paragraph 2(1) of Schedule 32 to the 1998 Act; see S.I. 1999/531 (C.13).
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