7E+WIn section 48 of the School Standards and Framework Act 1998 ([F1local authorities]' financial schemes) in subsection (2)(a) for “financial year” substitute “ funding period ”.
Textual Amendments
F1Words in Act substituted (5.5.2010) by The Local Education Authorities and Children’s Services Authorities (Integration of Functions) Order 2010 (S.I. 2010/1158), Sch. 2 para. 13(3)
Commencement Information
I1Sch. 18 para. 7 partly in force; Sch.18 para. 7 not in force at Royal Assent see s. 125; Sch. 18 para. 7 in force for E. at 1.11.2005 by S.I. 2005/2034, art. 8;
I2Sch. 18 para. 7 in force at 1.4.2010 for W. by S.I. 2010/735, art. 2(e)
8E+WIn section 50 of the School Standards and Framework Act 1998 (effect of financial delegation) in subsection (1)—
(a)for “financial year” substitute “ funding period ”,
(b)for “that year” substitute “ that period ”, and
(c)in paragraphs (a) and (b) for “year”, wherever occurring, substitute “ period ”.
Commencement Information
I3Sch. 18 para. 8 partly in force; Sch.18 para. 8 not in force at Royal Assent see s. 125; Sch. 18 para. 8 in force for E. at 1.11.2005 by S.I. 2005/2034, art. 8
I4Sch. 18 para. 8 in force at 1.4.2010 for W. by S.I. 2010/735, art. 2(e)
9E+WIn section 51A of the School Standards and Framework Act 1998 (expenditure incurred for community purposes) in subsection (2) for “financial year” substitute “ funding period ”.
Commencement Information
I5Sch. 18 para. 9 partly in force; Sch.18 para. 9 not in force at Royal Assent see s. 125; Sch. 18 para. 9 in force for E. at 1.11.2005 by S.I. 2005/2034, art. 8
I6Sch. 18 para. 9 in force at 1.4.2010 for W. by S.I. 2010/735, art. 2(e)
10(1)Section 52 of the School Standards and Framework Act 1998 (financial statements) is amended as follows.E+W
(2)In subsection (1)—
(a)for “financial year” substitute “ prescribed period ”, and
(b)for “that year” substitute “ that period ”.
(3)After subsection (1) insert—
“(1A)The periods prescribed for the purposes of subsection (1)—
(a)must consist of one or more funding periods, and
(b)may include funding periods in respect of which (by virtue of their inclusion in one or more earlier periods prescribed for the purposes of that subsection) information relating to planned expenditure has previously been required under that subsection.”
(4)In subsection (2)—
(a)for “financial year” substitute “ prescribed period ”, and
(b)in paragraphs (a) to (d), for “year” substitute “ period ”.
(5)After subsection (2A) insert—
“(2B)The periods prescribed for the purposes of subsection (2) must consist of one or more funding periods.”
Commencement Information
I7Sch. 18 para. 10 partly in force; Sch.18 para. 10 not in force at Royal Assent see s. 125; Sch. 18 para. 10 in force for E. at 1.11.2005 by S.I. 2005/2034, art. 8
11(1)In Schedule 15 to the School Standards and Framework Act 1998 (suspension of financial delegation), paragraph 2 is amended as follows.E+W
(2)In sub-paragraph (1)(a)—
(a)for “financial year” substitute “ funding period ”, and
(b)for “that year” substitute “ that period ”.
(3)In sub-paragraph (3), for “financial year”, in both places where it occurs, substitute “ funding period ”.
Commencement Information
I8Sch. 18 para. 11 partly in force; Sch.18 para. 11 not in force at Royal Assent see s. 125; Sch. 18 para. 11 in force for E. at 1.11.2005 by S.I. 2005/2034, art. 8;
I9Sch. 18 para. 11 in force at 1.4.2010 for W. by S.I. 2010/735, art. 2(e)