The Financing of Maintained Schools (England) Regulations 2002

2.  Subject to paragraphs 3, 4 and 5, the protected level of funding for the financial year beginning on 1st April 2002 for each school to which regulation 21 applies shall be calculated according to the formula—

Where

• “a” and “b” have the values previously ascribed to them by the Secretary of State for the purposes of Schedule 4 to the 1999 Regulations;

• “c” is the number appearing to the local education authority to be the number of registered pupils at the school on 15th January 1998 save that—

  (a)

  if “c” for the purposes of Schedule 4 to the 1999 Regulations was determined by the Secretary of State in accordance with paragraph 4(c) of that Schedule, then, to the extent that it was so determined other than on the basis of full-time equivalent pupil numbers, the local education authority may, if they consider it reasonable to do so, determine “c” substituting corresponding full-time equivalent pupil numbers; and

  (b)

  in the case of a special school, “c” shall have the value previously ascribed to it by the Secretary of State in relation to that school for the purposes of Schedule 4 to the 1999 Regulations;

• “d” is the number appearing to the local education authority to be—

  (a)

  where the number of registered pupils at the school on 17th January 2002 is greater than the number of registered pupils at the school on 20th January 2000, the number of registered pupils at the school on 20th January 2000 plus an amount calculated to the nearest whole number (with half being rounded up) being 85 per cent. of the difference between those two sets of pupil numbers; or

  (b)

  where the number of registered pupils at the school on 17th January 2002 is less than the number of registered pupils at the school on 20th January 2000, the number of registered pupils at the school on 20th January 2000 less an amount calculated to the nearest whole number (with half being rounded up) being 85 per cent. of the difference between those two sets of pupil numbers; or

  (c)

  where the number of registered pupils at the school on 17th January 2002 is the same as the number of registered pupils at the school on 20th January 2000, the number of registered pupils at the school on 17th January 2002; or

  (d)

  in the case of a special school, the appropriate number of places for which the school could be funded in accordance with these Regulations for the financial year beginning on 1st April 2002.