Part III Administration and Finance
Finance
73 Power of Secretary of State to make grants to education authorities and others.
The Secretary of State may out of money provided by Parliament apply, in accordance with regulations made by him, such sums as he thinks necessary or expedient for any or all of the following purposes:—
a
the payment of grants to education authorities;
b
the payment of grants to universities;
c
the payment of grants to the managers of educational establishments;
d
the payment of grants to any other persons
ii
in respect of expenditure incurred or to be incurred by them for the purposes of, or in connection with the provision (or proposed provision) of, education or educational services.
e
the payment of grants to persons to assist the carrying out of educational research;
f
the payment of allowances F4or loansto or in respect of persons
F5i
undertaking; or
ii
who have undertaken
courses of education;
g
providing for any other educational expenditure approved by him.