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1.—(1) These Regulations may be cited as the Education (Financial Delegation to Schools) (Mandatory Exceptions) Regulations 1994 and shall come into force on 7th March 1994.
(2) These Regulations apply for the purpose of determining the aggregated budget of a local education authority for a financial year beginning on or after 1st April 1994.
(3) In these Regulations—
“the Act” means the Education Reform Act 1988;
“aggregated budget” has the meaning assigned to it by section 33(4)(b) of the Act;
“general schools budget” has the meaning assigned to it by section 33(4)(a) of the Act; and
“the 1989 Regulations” means the Education (Financial Delegation to Schools) (Mandatory Exceptions) Regulations 1989(1).
S.I. 1989/1352.
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