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Subsection (2) of section 123 of the [1972 c. 70.] Local Government Act 1972 (which prohibits a local authority from making a disposal of land under that section below market value without the consent of the Secretary of State) shall not apply in the case of a disposal—
(a)to the governors of an aided or special agreement school, or
(b)to persons proposing to establish a school which is proposed to be maintained by a local education authority as a voluntary school and to be an aided school.
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