The Financing of Maintained Schools (England) Regulations 2003

Additional factors or criteria

14.—(1) Subject to regulation 13 (differential funding), a local education authority may, in determining budget shares for schools which they maintain, take into account in their formula, as they consider appropriate, any or all of the factors or criteria set out in Schedule 1.

(2) A local education authority shall, in determining budget shares for both primary and secondary schools which they maintain, take into account in their formula a factor or factors based on the incidence of social deprivation among pupils registered at all such schools if they have no factor elsewhere in their formula which is based on such incidence.

(3) A factor included in an authority’s formula pursuant to paragraph 17 of Schedule 1 is not, for the purpose of paragraph (2), a factor based on the incidence of social deprivation among pupils registered at a school.

(4) In determining budget shares for schools, an authority may, in respect of the period from 1 April 2003 to 31 August 2003, allocate additional funding for pupils in key stage 2 by the same method as used in the financial year beginning 1 April 2002 to distribute grant paid to the authority in respect of such pupils under regulations made pursuant to section 484 of the 1996 Act(1).

(1)

The Education Standards Fund (England) Regulation 2002 (S.I. 2002/510). Under section 18(2) of the 2002 Act, the power to pay grants under section 484 of the 1996 Act is with effect from 1 April 2003 exercisable only in relation to Wales. Grant in relation to key stage 2 pupils in respect of the financial year beginning 1 April 2003 is paid under section 14 of the 2002 Act, although the Education Standards Fund Regulations 2002 are saved until 1 April 2004.