# The Education (Grant-maintained and Grant-maintained Special Schools) (Finance) Regulations 1997, Regulation 13: Determination of Central AMG — apportionment for schools becoming grant-maintained part way through a financial year


(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 8 (determination of Central AMG) 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—
(A×J)365 ,where
J is the amount of the school’s budget share for the financial year in question or, in the case of a school which becomes a grant-maintained school pursuant to proposals published under section 212 of the 1996 Act, the amount determined in respect of the school in accordance with regulation 19, and
A is the number of days in the financial year falling on or after the date on which the school becomes a grant-maintained school.

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Source: https://www.legislation.gov.uk/uksi/1997/996/regulation/13 (the official version)
Page: https://openlegislation.uk/education-grant-maintained-and-grant-maintained-special-schools-finance-regulations-1997/regulation-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.