PART 2Action to be Taken by a Local Authority
CHAPTER 1Determination of the Non-Schools Education Budget, Schools Budget, Individual Schools Budget, and Budget Shares
Exceptions7
A local authority’s non-schools education budget or schools budget must not include the following classes or descriptions of expenditure—
a
capital expenditure, other than—
i
CERA,
ii
capital expenditure appropriated to the schools budget for the purpose of funding pay arrears due to staff whose salaries are met from the schools budget;
b
expenditure on capital financing, other than expenditure incurred—
i
on prudential borrowing,
ii
for the purpose of meeting the costs of financing the payment of pay arrears referred to in paragraph (a)(ii); and
c
expenditure for the purposes of section 26 of the Road Traffic Regulation Act 198436 (arrangements for patrolling school crossings).