Regulation 11 Determination of an amount as a percentage addition

(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 9 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—

\frac{A \times J}{B,}

where

J is the amount of the school’s budget share for the financial year in question, and
A and B represent the matters respectively denoted by those letters in regulation 18(2).