The altered bill was passed as an Act of Parliament, the Establishment of Honey Lane Market School Act 1834 (c. 35). It was this act which founded the City of London School, which initially had around 400 pupils. The act gave the Corporation of London a duty to maintain a school on the Honey Lane Market site and so gave control over almost every aspect of the school's running to the Corporation. A committee was also set up to manage the school, with Hale as chairman. Although the committee's powers were initially limited, they gained more control over time as they made important decisions for the school.