{
  "url": "https://openlegislation.uk/draft-school-finance-england-regulations-2006/schedule-3/paragraph-2",
  "json_url": "https://openlegislation.uk/draft-school-finance-england-regulations-2006/schedule-3/paragraph-2.json",
  "legislation": "ukdsi/2006/0110738985",
  "legislation_title": "The School Finance (England) Regulations 2006",
  "legislation_url": "https://openlegislation.uk/draft-school-finance-england-regulations-2006",
  "path": "schedule/3/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "Where any maintained school in the authority’s area is due to be discontinued and re-open as an Academy in funding period 1, an amount equal to D x (E/12) must be deducted from C, where—\n(a) D is the number of months during funding period 1 in which the school is not to be maintained by the authority; and\n(b) E is the total budget share of that school for the financial year beginning on 1st April 2005.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2006/0110738985/schedule/3/paragraph/2",
    "retrieved_at": "2026-10-30T15:21:39.003562+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}