# The Financing of Maintained Schools Regulations 1998, Paragraph 16


In cases where the governing body are entitled, in accordance with the authority’s scheme, to have an amount in respect of insurance included in the school’s budget share, the appropriate proportion of the authority’s planned expenditure on insurance or, if the authority do not insure, the appropriate proportion of the amount that the authority would have spent had they insured, to be determined on a basis decided by the authority which must have regard to the number of registered pupils at the school.

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Source: https://www.legislation.gov.uk/ukdsi/1998/0110799437/schedule/3/paragraph/16 (the official version)
Page: https://openlegislation.uk/draft-financing-of-maintained-schools-regulations-1998/schedule-3/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.