Commencement Information
I1Sch. 8 wholly in force: 6.5.1992, 1.9.1992, 30.9.1992, 1.4.1993, 1.8.1993 appointed by s. 94(3), S.I. 1992/831, art. 2, Schs. and S.I. 1992/2377, art. 3
62(1)The Education Assets Board may, in the case of any matter on which agreement is required to be reached under paragraph 2(1) of that Schedule—
(a)if it appears to them that it is unlikely that such an agreement will be reached, or
(b)if such an agreement has not been reached within such period as may be prescribed by regulations,
give a direction determining that matter, and may include in the direction any provision which might have been included in an agreement under that paragraph.
(2)A direction under sub-paragraph (1) above may be given before or after the transfer date.
(3)Any property, rights or liabilities required by a direction under this paragraph to be transferred to the transferee shall be regarded as having been transferred to, and by virtue of this Act [F1or (as the case may be) the Education Act 1993] vested in, the transferee accordingly.
(4)The Board shall, before giving a direction under this paragraph, give the transferor and the transferee such opportunity as may be prescribed by regulations to make representations.
Textual Amendments
F1Words in Sch. 8 para. 62(3) inserted (1.4.1994) by 1993 c. 35, s. 307(1), Sch. 19 para. 171(b); S.I. 1994/507, art. 4, Sch.2
Commencement Information