Sch THIRD para 5
The amount of the grant to be made in pursuance of any such agreement shall not be less than one-half or more than three-quarters of the cost of executing the proposals to which the agreement relates: Provided that, where the proposals include proposals for establishing a playing field or any buildings of a kind which it is, under section 13(6) of the Education Act 1980 , the duty of the local education authority to provide,— (a) if the proposals as respects the playing field or buildings are to be executed by the persons specified in the agreement, the amount of the grant so far as attributable to the cost thereof, shall be equal to the whole of that cost; and (b) if the proposals as respects the playing field or buildings are to be executed by the local education authority, the cost thereof shall be borne by them and excluded in computing the amount of the grant.