Paragraph 2 I1 I2

(1)

Section 45 of the 1998 Act (maintained schools to have budget shares) is amended as follows.

(2)

In subsection (1) for “financial year” substitute “ funding period ”.

(3)

After subsection (1A) insert—

“(1B)
In this Chapter “funding period” means a financial year or such other period as may be prescribed.”

(4)

In subsection (2)—

(a)

for “45A and” substitute “ 45A to ”, and

(b)

for “financial year” substitute “ funding period ”.

Annotations

I1: Sch. 16 para. 2 partly in force; Sch. 16 para. 2 not in force at Royal Assent see s. 125; Sch. 16 para. 2 in force for E. at 1.11.2005 by S.I. 2005/2034, art. 8
I2: Sch. 16 para. 2 in force at 1.4.2010 for W. by S.I. 2010/735, art. 2(d)