8.—(1) Notwithstanding the provisions of regulation 3, the funding authority may determine as the amount of maintenance grant payable in respect of a school for the financial year in question the sum of the amounts determined in accordance with regulations 9(7) and 10.
(2) The funding authority shall consult the local education authority and the governing body of the school before determining the amount of maintenance grant payable in respect of the school for the financial year in question in accordance with this regulation.