244Maintenance grants
(1)Subject to the provisions of this Part, the funding authority shall make annual grants (known as maintenance grants) to the governing body of each grant-maintained school, each such grant being made in respect of expenditure for the purposes of the school incurred or to be incurred by the governing body in the financial year to which the grant relates.
(2)The amount of the maintenance grant payable in respect of a school for a financial year shall be such as may be determined (and from time to time revised) in accordance with regulations (referred to in this Chapter as “grant regulations”); and grant regulations may provide for determinations (and revisions) to be made by reference to amounts determined or redetermined for the purposes of this section by the Secretary of State.
(3)Subject to—
(a)any provision made by virtue of section 232(6),
(b)any requirements imposed by the funding authority under section 247(1), and
(c)any requirements as to the application of maintenance grant contained in the articles of government of the school,
the governing body of a grant-maintained school shall apply any payments made to them in respect of maintenance grant solely for the purposes of the school.
(4)In this Chapter “the purposes of the school” do not include purposes wholly referable to the provision of—
(a)part-time education suitable to the requirements of persons of any age over compulsory school age, or
(b)full-time education suitable to the requirements of persons who have attained the age of 19.