Regulation 2 Payment of grant

The Secretary of State may on or before 31st October 2001 pay a grant of such amount as she may determine to the governors of the Royal Ballet School of 155 Talgarth Road, Barons Court, London W14 9DE (“the School”) in respect of expenditure to be incurred by them on, or in connection with, the purchase, building and refurbishment of the School’s residential accommodation in Talgarth Road and the building and refurbishment of the new school premises at Floral Street, Covent Garden.