Paragraph 1

This Schedule applies for the purpose of determining the amount of a school’s protected level of funding for the preceding financial year and the amount of its adjusted maintenance grant for the financial year in question (the amount by which the former exceeds the latter being the amount of the school’s transitional funding under regulation 9).

References in paragraph 2 to a numbered regulation or Schedule are references to the regulation or Schedule in the 1997 Regulations bearing that number.