# The Education (Grant-maintained Schools) (Finance) Regulations 1993, Paragraph 2


For the purposes of regulation 8(1), the relevant percentage in respect of any school for any financial year is whichever is the greater of the percentages determined for the school in accordance with paragraphs 4 and 5.

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Source: https://www.legislation.gov.uk/uksi/1993/568/schedule/1/paragraph/2 (the official version)
Page: https://openlegislation.uk/education-grant-maintained-schools-finance-regulations-1993/schedule-1/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.