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Paragraph 4

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A financial statement–

(a)

reproducing or summarising any financial statement of which a copy has been provided to the governing body by the local education authority under section 52 of the 1988 Act or section 122 of the 1996 Actf1 since the previous governors' report;

(b)

indicating, in general terms, how any sum made available to the governing body by the authority (including the school’s budget share) in the period covered by the report was used;

(c)

giving details of the application of any gifts made to the school in that period; and

(d)

stating the total amount of any travelling and subsistence allowances paid to members of the governing body in that period.

Annotations

Footnotes

f1

Section 122 is revoked by Schedule 31 to the 1998 Act.