# The Education (Grant-maintained Schools) (Finance) Regulations 1994, 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—
A×JB, 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).

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Source: https://www.legislation.gov.uk/uksi/1994/938/regulation/11 (the official version)
Page: https://openlegislation.uk/education-grant-maintained-schools-finance-regulations-1994/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.