SCHEDULES
SCHEDULE 16Funding of maintained schools
2Power to provide for budgets to relate to period other than financial year
1
Section 45 of the 1998 Act (maintained schools to have budget shares) is amended as follows.
2
In subsection (1) for “financial year” substitute “funding period”.
3
After subsection (1A) insert—
1B
In this Chapter “funding period” means a financial year or such other period as may be prescribed.
4
In subsection (2)—
a
for “45A and” substitute “45A to”, and
b
for “financial year” substitute “funding period”.