Municipalities, groupings of municipalities, public establishments for inter-municipal cooperation or any legal entity under public law exercising competence relating to the construction and renovation of schools may receive a special grant for the construction and equipment of schools in the form of a subsidy.
This grant is entered in the investment or operating section of the budget of the public entity to which the grant is awarded, subject to the terms and conditions referred to in paragraph 4 of article L. 2564-27.