Regulation 17 Alternative method of determination of maintenance grant by reference to historic data for schools which become grant-maintained in the financial year in question
The funding authority shall determine—
(a)
an amount equal to the amount which would have been determined in respect of the school in accordance with regulations 24, 25 and 26 (additions or deductions representing unspent sums from previous budget shares, budget deficits from previous years and deductions from current year’s budget share) if the amount of maintenance grant for the school were to be determined under regulation 4(1)(b); and
(b)
where, if the amount of maintenance grant for the school were to be so determined, an amount would have been determined in respect of the school in accordance with regulation 10 (Section 11 funding), that amount.