# The Education (Grant-maintained Schools) (Finance) Regulations 1994, Regulation 18: Apportionment of maintenance grant


(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 in respect of any such school the amount of maintenance grant is determined in accordance with regulation 5, the amount of maintenance grant payable in respect of the school for the financial year in question shall be apportioned in accordance with the following formula—
A×C×FB+D, where
A is the number of days in the financial year falling on or after the date on which the school becomes a grant-maintained school;
B is 365;
C is the amount determined in accordance with regulation 12(3);
D is the sum of the amounts determined in accordance with regulations 8, 9 (or that regulation as it has effect in accordance with regulation 10 or 11) and regulations 12(5) to (7) and 13; and
F bears the value ascribed to it in the Table below according to the date on which the proposals in respect of the school were implemented—
date of implementation of the proposals 1st April — 31st July
F=1.0
date of implementation of the proposals 1st August — 31st December
F=1.015
date of implementation of the proposals 1st January — 31st March
F=1.02.
(3) Where in respect of any such school the amount of maintenance grant is determined in accordance with regulation 14, the amount of maintenance grant payable in respect of the school for the financial year in question shall be apportioned in accordance with the following formula—
A×C×FB+G, where
C is the amount determined in respect of the school in accordance with regulation 15(1);
G is the amount or amounts determined in respect of the school in accordance with regulation 16; and
A, B and F represent the matters respectively denoted by those letters in paragraph (2).

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Source: https://www.legislation.gov.uk/uksi/1994/938/regulation/18 (the official version)
Page: https://openlegislation.uk/education-grant-maintained-schools-finance-regulations-1994/regulation-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.