# Education Act 2005, Paragraph 2


(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 ”.

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Source: https://www.legislation.gov.uk/ukpga/2005/18/schedule/16/paragraph/2 (the official version)
Page: https://openlegislation.uk/education-act-2005/schedule-16/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

