Regulation 12 Apportionment of amount of percentage addition

(1)

This regulation applies in the case of a school which becomes a grant-maintained school after 1st April in the financial year in question.

(2)

Where this regulation applies, regulation 10 shall have effect as if it required the funding authority to determine the relevant percentage of the amount determined in accordance with the following formula—

\frac{(A \times J)}{B}

, where

J is the amount of the school’s budget share for the financial year in question or the amount determined in respect of the school in accordance with regulation 9, and
A and B represent the matters respectively denoted by those letters in regulation 21(2).