SCHEDULES
SCHEDULE 39 Transitional provisions and savings
Part II Specific provisions
Maintenance etc. grants
31
1
The former grants code shall continue to have effect in relation to—
a
any payments of maintenance grant under section 79(1) of the M1Education Reform Act 1988 in respect of any financial year ending before 1st April 1994; and
b
any payments of capital and special purpose grants under section 79(3) of that Act made before that date.
2
The functions conferred on the Secretary of State by or under the former grants code (as it has effect by virtue of sub-paragraph (1) above) shall, so far as relating to any amounts which—
a
fall or may fall to be paid in any financial year beginning on or after 1st April 1994 in respect of any grant under that code, or
b
have been paid by the Secretary of State before that date in respect of any such grant,
be exercisable by the funding authority.
3
In this paragraph “the former grants code” means sections 79 and 80 of the Education Reform Act 1988 (maintenance, special purpose and capital grants) in their application to England.