SCHEDULES

SCHEDULE 4Funding: Sponsor Body's Estimates

PART 2Phase one

Supplementary estimates

5

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