SCHEDULES

SCHEDULE 4Funding: Sponsor Body’s Estimates

PART 3Transition year

Supplementary estimates

7(1)Where under paragraph 8 of Schedule 2 the Sponsor Body approves a supplementary statement of resources prepared by the Delivery Authority in respect of a financial year to which paragraph 6 applies, the Sponsor Body must prepare a supplementary estimate of its expenditure for that year.

(2)The supplementary estimate must reflect the Delivery Authority’s supplementary statement of resources for the financial year.

(3)Paragraph 6(4) to (9) applies to a supplementary estimate as it applies to an estimate prepared under paragraph 6.