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(This note is not part of the Regulations)
These Regulations prescribe the form and contents of the budget statement of a local education authority in England under section 52(1) of the School Standards and Framework Act 1998.
These Regulations also provide how local education authorities in England and Wales are to record in their outturn statements under section 52(2) of that Act, and make arrangements for the audit of, unspent amounts of annual maintenance grant, special purpose grant and capital grant held by the governing bodies of grant-maintained and grant-maintained special schools or former such schools.
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