12(1)If immediately before the date specified in a notice under section 7 or 14 the school does not have a delegated budget, the suspension of the governing body's right to a delegated budget is by virtue of this sub-paragraph revoked with effect from that date.E+W
(2)If a notice under paragraph 1 of Schedule 15 to the School Standards and Framework Act 1998 (suspension of delegated budget for mismanagement etc) has been given to the governing body before the date specified in a notice under section 7 or 14 but has not yet taken effect, the notice ceases to have effect on that date.
(3)During the interim period, the local authority may not exercise the power conferred by section 8 (power to suspend right to delegated budget).
(4)Sub-paragraph (1) is to be construed in accordance with section 49(7) of the School Standards and Framework Act 1998.
Commencement Information
I1Sch. 1 para. 12 in force at 20.2.2014 by S.I. 2014/178, art. 2(e) (with art. 3)