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9.—(1) The funding authority shall determine an amount which is the sum of the amounts determined in accordance with paragraphs (2), (4) and (5), subject to any adjustment made in accordance with paragraph (6).
(2) The funding authority shall determine an amount which they are satisfied is equal to the amount of relevant expenditure incurred by the local education authority in respect of the school in the preceding financial year.
(3) Schedule 2 shall have effect for the purpose of determining the amount of relevant expenditure incurred by the authority in that year.
(4) The funding authority shall determine an amount which is equal to the relevant percentage of the amount determined in accordance with paragraph (2).
(5) The funding authority shall determine an amount in respect of the local education authority’s planned expenditure on the provision of school meals calculated by the application of the following formula—
where
M, F, P, S, G and B represent the matters respectively denoted by those letters in regulation 6(2); and for the purposes of this paragraph the expressions used in regulation 6(2) shall have the meanings assigned to them by regulation 6(3).
(6) The sum of the amounts determined in accordance with paragraphs (2), (4) and (5) may be adjusted by such amount as the funding authority are satisfied is fair and reasonable having regard, in particular, to—
(a)any increase or decrease in the actual or planned level of spending of the local education authority in respect of the schools maintained by them occurring during or since the end of the preceding financial year, and
(b)any significant change in the characteristics of the school occurring as aforesaid or which it appears to the funding authority will be likely to occur before the end of the financial year in question.
(7) The funding authority shall determine the amount calculated by the application of the following formula—
where
E is the amount determined in accordance with regulation 9(1);
A and B represent the matters respectively denoted by those letters in regulation 5(1); and
F represents the number denoted by that letter in regulation 6(4).
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