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 provision of any furniture, plant, machinery, apparatus, vehicles, vessels and equipment;
used or intended to be used for the purposes of a school.