SCHEDULES

SCHEDULE 16E+WFunding of maintained schools

Power to provide for budgets to relate to period other than financial yearE+W

2(1)Section 45 of the 1998 Act (maintained schools to have budget shares) is amended as follows.E+W

(2)In subsection (1) for “financial year” substitute “ funding period ”.

(3)After subsection (1A) insert—

(1B)In this Chapter “funding period” means a financial year or such other period as may be prescribed.

(4)In subsection (2)—

(a)for “45A and” substitute “ 45A to ”, and

(b)for “financial year” substitute “ funding period ”.

Commencement Information

I1Sch. 16 para. 2 partly in force; Sch. 16 para. 2 not in force at Royal Assent see s. 125; Sch. 16 para. 2 in force for E. at 1.11.2005 by S.I. 2005/2034, art. 8

I2Sch. 16 para. 2 in force at 1.4.2010 for W. by S.I. 2010/735, art. 2(d)