Regulation 18 Apportionment of maintenance grant
This regulation applies in the case of any school whose incorporation date falls after 1st April in the financial year in respect of which the determination of maintenance grant under these Regulations is made.
Where in respect of any such school the amount of maintenance grant is determined in accordance with regulation 4, the amount of maintenance grant payable to the governing body for the financial year in question shall be apportioned in accordance with the following formula—
where
-
A is the number of days in the financial year falling on or after the incorporation date of the school;
-
B is 365 or, where the financial year in question ends during a leap year, 366;
-
C is the amount determined in accordance with regulation 11(2); and
-
D is the sum of the amounts determined in accordance with regulations 6, 8 or (as the case may be) 10, 11(4), 11(5) and 12.
-
F bears the value ascribed to it in the Table below according to the incorporation date of the school—
incorporation date 1st April — 31st July F=1.0 incorporation date 1st August — 31st December F=1.015 incorporation date 1st January — 31st March F=1.02.
Where in respect of any such school the amount of maintenance grant is determined under regulation 15 or 17(3), the amount of maintenance grant payable to the governing body of the school for the financial yearin question shall be apportioned in accordance with the following formula—
where
-
C is the amount of maintenance grant determined in respect of the school in accordance with regulation 15 or, as the case may be, regulation 17(3); and
-
A, B and F represent the matters respectively denoted by those letters in paragraph (2).
Where in respect of any such school the amount of maintenance grant is determined in accordance with regulation 13, the amount of maintenance grant payable to the governing body of the school for the financial year in question shall be apportioned in accordance with the following formula—
where
-
C is the amount determined in respect of the school in accordance with (as the case may be) regulation 15(2) to (7); and
-
G is the amount, if any, determined in respect of the school in accordance with regulation 13(1)(c); and
-
A, B and F represent the matters respectively denoted by those letters in paragraph (2).