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The Secretary of State may make grants to a funding authority of such amounts and subject to such terms and conditions as he may determine.
(1)Any reference in this Act to a funding authority—
(a)in relation to schools, or local education authority areas, in England is to the Funding Agency for Schools, and
(b)in relation to schools, or local education authority areas, in Wales is, subject to subsection (2), to the Schools Funding Council for Wales,
and in any other context is to the agency or the council.
(2)Before the Schools Funding Council for Wales begin to exercise their functions, any reference in this Act (other than this Part) to a funding authority in relation to schools, or local education authority areas, in Wales is to be read as a reference to the Secretary of State.
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