{
  "url": "https://openlegislation.uk/draft-school-finance-england-regulations-2006/schedule-3/paragraph-4",
  "json_url": "https://openlegislation.uk/draft-school-finance-england-regulations-2006/schedule-3/paragraph-4.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/4",
  "kind": "paragraph",
  "number": "4",
  "heading": null,
  "text": "Subject to paragraphs 5 and 6, the central expenditure for funding period 2 must not exceed F x (G/H) where—\n(a) F is the lower of either—\n(i) the total amount deducted from the authority’s schools budget for funding period 1, or\n(ii) the total amount that could have been deducted from the authority’s schools budget under these regulations before variation of any limit was authorised by the Schools Forum or Secretary of State under regulation 13 of these Regulations,\nexcepting any amount deducted in accordance with paragraph 1 (Expenditure to support grants), and paragraph 2 (Performance Reward Grant) of Schedule 2 to these Regulations;\n(b) G is the total amount of the individual schools budget for funding period 2 as initially determined in accordance with regulation 7 of these Regulations,\n(c) H is—\n(i) the total amount of the individual schools budget for funding period 1 as initially determined in accordance with regulation 7 of these Regulations, plus\n(ii) where the authority have not deducted expenditure under paragraph 3 of Schedule 2 to these Regulations in respect of funding period 2, any expenditure deducted under that paragraph in respect of funding period 1, to the extent that this expenditure has been devolved to schools;\nsave that any grant paid by the LSC to the authority under section 7 of the 2000 Act must be excluded from all of these calculations.",
  "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/4",
    "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."
}