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School Standards and Framework Act 1998

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Changes over time for: Section 46

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Version Superseded: 01/10/2002

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Point in time view as at 01/10/1998. This version of this provision has been superseded. Help about Status

Changes to legislation:

School Standards and Framework Act 1998, Section 46 is up to date with all changes known to be in force on or before 14 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

46Determination of LEA’s local schools budget and individual schools budget.E+W

(1)For the purposes of this Part a local education authority’s “local schools budget” for a financial year is the amount appropriated by the authority for meeting all expenditure by the authority in that year of a class or description prescribed for the purposes of this subsection (which may include expenditure incurred otherwise than in respect of schools).

(2)For the purposes of this Part a local education authority’s “individual schools budget” for a financial year is the amount remaining after deducting from the authority’s local schools budget for that year such planned expenditure by the authority in respect of the year as they may determine should be so deducted in accordance with regulations.

(3)Regulations under subsection (2) may—

(a)prescribe classes or descriptions of expenditure which are authorised or required to be deducted from an authority’s local schools budget; and

(b)provide, in relation to any prescribed class or description of expenditure specified in the regulations, that such expenditure may only be so deducted subject to either or both of the following, namely—

(i)such limit or limits (however framed) as may be specified by the regulations; and

(ii)such other conditions as may be so specified.

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