Regulation 10 Requirements to be complied with
(1)
Any education authority to whom a payment of standards fund grant has been made shall comply with such requirements as may be determined by the Secretary of State in the case in question.
(2)
Requirements determined under this regulation may in particular include requirements as to—
(a)
the repayment of standards fund grant;
(b)
the payment to the Secretary of State of other sums related to the value of assets acquired, provided or improved—
(i)
with the aid of standards fund grant; or
(ii)
by any other body or persons referred to in regulation 4(a) above with the aid of payments made by the authority in respect of which standards fund grant has been paid; or
(c)
the payment of interest on sums due to the Secretary of State.