# The Education (Grant-maintained and Grant-maintained Special Schools) (Finance) Regulations 1996, Paragraph 13: Turnover.


(1) Where it appears to the funding authority that the school’s budget share for the financial year in question determined in accordance with the authority’s scheme includes (or, in the case of a grant-maintained school, that the school’s budget share so determined, had the school been covered by the scheme, would have included) an amount in respect of the turnover of pupils, the number appearing to the funding authority to be the number by which the turnover of pupils for the school determined in accordance with the authority’s scheme (or, in the case of a grant-maintained school, that would have been so determined, had the school been covered by the scheme) exceeds the number appearing to them to be the threshold for turnover determined in accordance with the authority’s scheme (or, in the case of a grant-maintained school, that would have been so determined, had the school been covered by the scheme) multiplied by the number in column (12) opposite the entry for the authority in the table in Part V.

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Source: https://www.legislation.gov.uk/uksi/1996/889/schedule/4/paragraph/13 (the official version)
Page: https://openlegislation.uk/education-grant-maintained-and-grant-maintained-special-schools-finance-regulations-1996/schedule-4/paragraph-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.