52[F1Financial statements: Wales.]E+W
(1)Before the beginning of each [F2financial year] [F2prescribed period] a [F3local authority] [F4in Wales] shall prepare a statement containing such information relating to their planned [F5education] expenditure in [F6that year] [F6that period] as may be prescribed.
[F7(1A)The periods prescribed for the purposes of subsection (1)—
(a)must consist of one or more funding periods, and
(b)may include funding periods in respect of which (by virtue of their inclusion in one or more earlier periods prescribed for the purposes of that subsection) information relating to planned [F5education] expenditure has previously been required under that subsection.]
(2)After the end of each [F8financial year] [F8prescribed period] a [F3local authority] [F9in Wales] shall prepare a statement containing such information with respect to the following matters as may be prescribed—
(a)the planned [F5education] expenditure in that [F10year] [F10period] specified in the statement prepared by the authority under subsection (1),
(b)[F5education] expenditure actually incurred, or treated by the authority as having been incurred, by them in the [F10year] [F10period], [F11and]
(c)any other resources allocated by the authority in the [F10year] [F10period] to schools maintained by them during any part of the [F10year] [F10period]. [F12and
(d)accountable resources held, received or expended in the [F10year] [F10period] by any person in relation to a school maintained by the authority.]
[F13(2A)In subsection (2)(d), “accountable resources”, in relation to a maintained school, means any resources which are not provided by the [F3local authority] but in respect of which an obligation is imposed on the governing body of the school by virtue of regulations under section 44 of the Education Act 2002 (accounts of maintained schools).]
[F14(2B)The periods prescribed for the purposes of subsection (2) must consist of one or more funding periods.]
(3)A statement under this section shall—
(a)be prepared in such form, and
(b)be published in such manner and at such times,
as may be prescribed.
(4)The authority shall furnish the governing body and head teacher of each school maintained by them with a copy of each statement prepared by the authority under this section or, if regulations so provide, with a copy of such part or parts of it as may be prescribed.
(5)A governing body provided with such a copy under subsection (4) shall secure that a copy of it is available for inspection (at all reasonable times and free of charge) at the school.
(6)Subsection (5) does not apply to a temporary governing body of a new school at any time before the school opening date.
[F15(7)In this section “education expenditure” has the same meaning as in section 45A.]
Textual Amendments
F1S. 52 title substituted (12.1.2010) by Apprenticeships, Skills, Children and Learning Act 2009 (c. 22), ss. 253(2), 269(4); S.I. 2009/3317, art. 2, Sch.
F2Words in s. 52(1) substituted (1.11.2005 for E.) by Education Act 2005 (c. 18), s. 125(4), Sch. 18 para. 10(2)(a) (with s. 119); S.I. 2005/2034, art. 8
F3Words in Act substituted (5.5.2010) by The Local Education Authorities and Children’s Services Authorities (Integration of Functions) Order 2010 (S.I. 2010/1158), art. 1, Sch. 2 para. 10(2) (with Sch. 2 para. 10(4))
F4Words in s. 52(1) inserted (12.1.2010) by Apprenticeships, Skills, Children and Learning Act 2009 (c. 22), ss. 253(2), 269(4); S.I. 2009/3317, art. 2, Sch.
F5Word in s. 52 inserted (5.5.2010) by The Local Education Authorities and Children’s Services Authorities (Integration of Functions) Order 2010 (S.I. 2010/1158), art. 1, Sch. 2 para. 10(9)(a)
F6Words in s. 52(1) substituted (1.11.2005 for E.) by Education Act 2005 (c. 18), s. 125(4), Sch. 18 para. 10(2)(b) (with s. 119); S.I. 2005/2034, art. 8
F7S. 52(1A) inserted (1.11.2005 for E.) by Education Act 2005 (c. 18), s. 125(4), Sch. 18 para. 10(3) (with s. 119); S.I. 2005/2034, art. 8
F8Words in s. 52(2) substituted (1.11.2005 for E.) by Education Act 2005 (c. 18), s. 125(4), Sch. 18 para. 10(4)(a) (with s. 119); S.I. 2005/2034, art. 8
F9Words in s. 52(2) inserted (12.1.2010) by Apprenticeships, Skills, Children and Learning Act 2009 (c. 22), ss. 253(2), 269(4); S.I. 2009/3317, art. 2, Sch.
F10Word in s. 52(2)(a)-(d) substituted (1.11.2005 for E.) by Education Act 2005 (c. 18), s. 125(4), Sch. 18 para. 10(4)(b) (with s. 119); S.I. 2005/2034, art. 8
F11Word in s. 52(2)(b) repealed (1.4.2003 for E.) by Education Act 2002 (c. 32), ss. 45(2), 216(4), Sch. 22 Pt. 3 (with ss. 210(8), 214(4)); S.I. 2003/124, art. 4
F12S. 52(2)(d) and word inserted (1.4.2003 for E.) by Education Act 2002 (c. 32), ss. 45(2), 216(4) (with ss. 210(8), 214(4)); S.I. 2003/124, art. 4
F13S. 52(2A) inserted (1.4.2003 for E.) by Education Act 2002 (c. 32), ss. 45(3), 216(4) (with ss. 210(8), 214(4)); S.I. 2003/124, art. 4
F14S. 52(2B) inserted (1.11.2005 for E.) by Education Act 2005 (c. 18), s. 125(4), Sch. 18 para. 10(5) (with s. 119); S.I. 2005/2034, art. 8