Prospective
Meaning of “financial year” and “academic year”E+W
This section has no associated Explanatory Notes
17(1)In paragraphs 15 and 16 “financial year” means—
(a)the period beginning on the day on which section 1 comes into force and ending on the following 31 March;
(b)subsequently, each successive period of 12 months.
(2)In paragraph 16 “academic year” means the period of 12 months ending on 31 August in the financial year.
Commencement Information
I1Sch. 1 para. 17 not in force at Royal Assent, see s. 148(2)