This Order applies the provisions of the Education Act 1962 which are concerned with mandatory and discretionary awards to students to the London Residuary Body (“the LRB”). From 1st April 1990, the date on which the Inner London Education Authority (“ILEA”) is abolished, the LRB is constituted the local education authority for the former ILEA area in respect of awards already made by ILEA and awards relating to courses beginning between 1st September 1989 and 31st March 1990 but not yet made.

Section 209 of the Education Reform Act 1988, which places the Secretary of State under a duty to re-imburse local education authorities for their mandatory awards expenditure, is also applied to the LRB to require the Secretary of State to meet such expenditure made by the LRB.