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The Education (Grant-maintained and Grant-maintained Special Schools) (Finance) Regulations 1996
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- UK Statutory Instruments
- 1996 No. 889
- PART 2
- Regulation 13
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Determination of Central AMG-apportionment for schools becoming grant-maintained part way through a financial year.
13.—(1) This regulation applies in the case of a school which becomes a grant-maintained school after 1st April in the financial year in question.
(2) Where this regulation applies, regulation 8 (determination of Central AMG) shall have effect as if it required the funding authority to determine the relevant percentage of the amount determined in accordance with the following formula—
where
J is the amount of the school’s budget share for the financial year in question or, in the case of a school which becomes a grant-maintained school pursuant to proposals published under section 49 of the 1993 Act, the amount determined in respect of the school in accordance with regulation 19,
A is the number of days in the financial year falling on or after the date on which the school becomes a grant-maintained school, and
N is the amount referred to in regulation 8(2).
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