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Education Reform Act 1988
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- UK Public General Acts
- 1988 c. 40
- SCHEDULE 8
- Supplementary powers
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Changes over time for: Cross Heading: Supplementary powers
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- 01/02/1991- Amendment
- 09/02/2009
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Education Reform Act 1988, Cross Heading: Supplementary powers is up to date with all changes known to be in force on or before 24 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Supplementary powersE+W+S
2(1)Subject to sub-paragraph (2) below, the Corporation shall have power to do anything which appears to them to be necessary or expedient for the purpose of or in connection with the discharge of their functions, including in particular power—E+W+S
(a)to acquire and dispose of land and other property;
(b)to enter into contracts;
(c)to invest any sums not immediately required for the purpose of the discharge of their functions; and
(d)to accept gifts of money, land or other property.
(2)Sub-paragraph (1) above does not confer power to borrow money, except in the case of the Education Assets Board; but the power of that Board to borrow money shall be subject to the approval of the Secretary of State in the case of each transaction.
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