# The Education (New Grant-maintained Schools) (Finance) Regulations 1997, Paragraph 1


Expenditure of a capital nature is expenditure on, or in connection with –
(a) the acquisition, reclamation, improvement or laying out of any land;
(b) the acquisition, construction, enlargement, improvement, repair or demolition of any building, wall, fence or other structure, or any playground or other hard-standing;
(c) the laying out of playing fields and other facilities for social activities and physical recreation; or
(d) the acquisition, installation or replacement of any furniture, plant, machinery, apparatus, vehicles, vessels and equipment,
used or intended to be used for the purposes of a school.

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Source: https://www.legislation.gov.uk/uksi/1997/956/schedule/3/paragraph/1 (the official version)
Page: https://openlegislation.uk/education-new-grant-maintained-schools-finance-regulations-1997/schedule-3/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.