Regulation 4 Relevant expenditure
In regulation 3 above “relevant expenditure” means expenditure of a kind referred to in paragraph (2) below (being expenditure arising out of an obligation incurred or a decision made before 1st September 1999).
That expenditure is expenditure on, or in connection with,–
the acquisition, reclamation, improvement or laying out of any land;
the acquisition, construction, enlargement, improvement, repair or demolition of any building, wall, fence or other structure, or any playground or other hard-standing;
the laying out of playing fields and other facilities for social activities and physical recreation; or
the provision of any furniture, plant, machinery, apparatus, vehicles, vessels and equipment;
used or intended to be used for the purposes of a school to which these Regulations apply.
In paragraph (2) above “building” includes any fixtures and fittings affixed to a building.