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120. In this Part—
(a)references to a scheme are references—
(i)to a scheme made by a board under Article 106; and
(ii)in a context referring to a particular board, to a scheme so made by that board;
(b)references to an institution’s budget share for any financial year—
(i)shall be read in accordance with Article 106(2)(a); and
(ii)include references to that share as from time to time revised in accordance with the scheme under which it is determined;
(c)references to an institution covered by a scheme shall be read in accordance with Article 106(3);
(d)references to an institution in respect of which financial delegation is required for any financial year shall be read in accordance with Article 106(4)(a);
(e)references to an institution which has a delegated budget shall be read in accordance with Article 106(4)(b);
(f)references to the further and higher education budget of a board for any financial year are references to the amount appropriated by the board for meeting expenditure in that year—
(i)for the purposes of the exercise of its functions under Articles 100 and 101; and
(ii)in respect of technical secondary schools under the management of that board;
(g)references to the delegation requirement under any scheme shall be read in accordance with Article 111(2).
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