{
  "url": "https://openlegislation.uk/education-london-residuary-body-transitional-and-supplementary-provisions-order-1992/article-4",
  "json_url": "https://openlegislation.uk/education-london-residuary-body-transitional-and-supplementary-provisions-order-1992/article-4.json",
  "legislation": "uksi/1992/586",
  "legislation_title": "The Education (London Residuary Body) (Transitional and Supplementary Provisions) Order 1992",
  "legislation_url": "https://openlegislation.uk/education-london-residuary-body-transitional-and-supplementary-provisions-order-1992",
  "path": "article/4",
  "kind": "article",
  "number": "4",
  "heading": "Transfer of money",
  "text": "(1) On 3rd August 1992 the London Residuary Body shall pay to Kensington and Chelsea £680,000 from revenue balances on its Inner London account.\n(2) The sum paid in accordance with paragraph (1) above shall, subject to paragraph (3) below, be applied by Kensington and Chelsea only for defraying expenditure on or in connection with payments made by them under section 1 or 2 (local education authority awards) of the Education Act 1962 as a consequence of the making of this Order.\n(3) Kensington and Chelsea shall pay to the London Residuary Body any balance of the sum referred to in paragraph (1) above which remains after all such payments referred to in paragraph (2) above have been made.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1992/586/article/4",
    "retrieved_at": "2026-10-29T14:26:31.797623+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}