PART 3 MAINTENANCE GRANT—COMMON FUNDING FORMULA

40 Secondary schools total and primary schools total
1 For the purposes of section 244(2) of the 1996 Act the Secretary of State shall determine for each relevant authority and in respect of the financial year in question the amount which appears to her, after consultation with the authority, to be the appropriate amount of expenditure of a recurrent nature to be incurred on—
(a) in the case of a secondary relevant authority, grant-maintained and new grant-maintained secondary schools situated in the area of that authority and secondary schools and new secondary schools maintained by that authority;
(b) in the case of a primary relevant authority, grant-maintained and new grant-maintained primary schools situated in the area of that authority and primary schools and new primary schools maintained by that authority.
2 For the purposes of paragraph (1) expenditure is “of a recurrent nature” if it is not of a class or description specified in Schedule 8.
3 The Secretary of State shall notify the funding authority and the relevant authority of the primary schools total and the secondary schools total determined by her in respect of that relevant authority.