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1.—(1) These Regulations may be cited as the Education (New Grant-maintained Schools) (Finance) Regulations 1998 and shall come into force on 1st April 1998.
(2) These Regulations apply in relation to the financial year beginning on that date.
(3) These Regulations apply in respect of grant-maintained schools situated in England which are established pursuant to proposals under section 211 or 212 of the 1996 Act (proposals for establishment of new schools) except to such a school which is established—
(a)where section 213(3) of the 1996 Act applies (proposals by promoters to establish a new school in place of an existing independent school which it is proposed to discontinue on or before the date of implementation of the proposals in respect of the new school); or
(b)in connection with the discontinuance of another grant-maintained school pursuant to proposals published under section 267 or 268 of the 1996 Act.
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