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Given wider exceptional circumstances, the Department for Education will purchase the Kensington Centre (Wornington Road, London) and provide a 125-year lease to the Further Education institute formed by a merger between Kensington and Chelsea College (KCC) and Morley College. The Secretary of State for Housing Communities, and Local Government will be the named freeholder/lessor in each instance.
Parliamentary approval for additional capital of £10,000,000 for this new expenditure will be sought in a Supplementary Estimate for Department for Education. Pending that approval, urgent expenditure estimated at £10,000,000 will be met by repayable cash advances from the Contingencies Fund.