OpenLegislation

Regulation 3 Reporting duties of governing bodiesI1C1

England and Wales

(1)

Subject to paragraph (2), a governing body must provide the local authority with a financial statement, presented in accordance with the approved headings and sub-headings set out in the Schedule and in compliance with the normal established accounting practices of the local authority, of—

(a)

such school resources as have been received in a financial year, including any school resources which were unspent at the end of the previous financial year;

(b)

the application in that financial year of any school resources; and

(c)

a summary of the school’s financial position at the end of that financial year,

by a date determined by the local authority, having regard to regulation 5.

(2)

Paragraph (1) does not apply to a governing body in respect of any financial year in which no school resources were received by that governing body.

(3)

The sub-heading “I18 Additional grant for schools” set out under the heading “Income Data” in the Schedule does not apply in relation to the financial year ending 31st March 2012.

Annotations

Modifications

C1

Reg. 3 applied (with modifications) (1.4.2013) by S.I. 2007/2979, Sch. 1 para. 30 (as substituted by The Pupil Referral Units (Miscellaneous Amendments) (No.2) (England) Regulations 2012 (S.I. 2012/3158), regs. 1, 3(10))

Commencement

I1

Reg. 3 in force at 31.3.2012, see reg. 1(1)