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57.—(1) The funding authority shall, as soon as practicable after 1st October in the financial year in question, redetermine in accordance with, and so far as required by, the following provisions of this regulation the amount of maintenance grant payable in respect of each school situated in the area of the London Borough of Brent (“the authority”) whose maintenance grant falls to be determined under this Part.
(2) If, on 1st October in the financial year in question, it appears to the funding authority that the GM contingency amount is greater than or equal to the aggregate of pupil increase amounts for each school whose maintenance grant falls to be determined under this Part in the area of the authority then the funding authority shall redetermine the amount of maintenance grant payable in respect of each such school (in so far as required by the following provisions of this paragraph) by adding to it—
(a)the pupil increase amount for that school; and
(b)where the GM contingency amount is greater than the aggregate of pupil increase amounts, an amount determined in accordance with paragraph (3).
(3) (a) The funding authority shall determine in respect of each school whose maintenance grant falls to be determined under this Part in the area of the authority the number appearing to them to be the number of registered pupils at the school on 16th January 1997.
(b)The funding authority shall determine the aggregate of the numbers determined in accordance with sub-paragraph (a) above.
(c)The funding authority shall determine the amount obtained by dividing the GM contingency amount, less the aggregate of pupil increase amounts, by the number determined under sub-paragraph (b) above.
(d)The funding authority shall determine, as the amount to be added under paragraph (2)(b), the amount obtained by multiplying the amount determined under sub-paragraph (c) above by the number of registered pupils at the school determined under sub-paragraph (a) above.
(4) If, on 1st October in the financial year in question, it appears to the funding authority that the GM contingency amount is less than the aggregate of pupil increase amounts for each school whose maintenance grant falls to be determined under this Part in the area of the authority then the funding authority shall redetermine the amount of maintenance grant payable in respect of each such school (in so far as required by the following provisions of this paragraph) by adding to it the amount which is equal to—
, where
A is the GM contingency amount;
B is the aggregate of pupil increase amounts for each school whose maintenance grant falls to be determined under this Part in the area of the authority; and
C is the pupil increase amount for the school.
(5) In this regulation—
“GM contingency amount” means the amount referred to in paragraph 16D(7) of Schedule 5;
“pupil increase amount” means the pupil increase credit multiplied by the amount per pupil for the authority calculated under paragraph 16D of Schedule 5 or as recalculated under regulation 42(4)(a); and
“pupil increase credit” means
, where
Y is the number by which the number, appearing to the funding authority to be the number of registered pupils at the school on a date in September 1997 determined by the Secretary of State, exceeds the number appearing to them to be the aggregate of—
the number of registered pupils at the school on 16th January 1997; and
5 per cent of that number or 15 whichever is the smaller; and
Z is the number in column (3) opposite the entry for the authority in table 1 in Part VI of Schedule 5.
(7) Where the funding authority revise the amount of maintenance grant payable in respect of any school for the financial year in question in accordance with this regulation they shall give notice thereof to the governing body of the school and to the local education authority.
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