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 1984 (arrangements for patrolling school crossings)47.