I would probably try to homeschool, at least in the early years, but I don't know the situation of this child's family.
If it were my child and she had a condition where exposure to a common substance could cause instant death, I wouldn't place her in the hands of beaurocrats. That's why I am not convinced that the peanut scare is on the level. What parent in their right mind would send their child into that kind of risk?
I find it ironic that the Muslim kids at my kids' school are not allowed to eat marshmallows because they contain gelatin. And gelatin contains...well, you don't want to know what gelatin contains. But they eat jello. Hello!!