# The Education (Grant-maintained Schools) (Finance) (Wales) Regulations 1994, Regulation 9: 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 8 shall have effect as if it required the Secretary of State to determine the relevant percentage of the amount determined in accordance with the following formula—
A×JB, where
J is the amount determined in accordance with, as the case may be, regulation 5, 6 or 7, and
A and B represent the matters respectively denoted by those letters in regulation 16(2)

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Source: https://www.legislation.gov.uk/uksi/1994/610/regulation/9 (the official version)
Page: https://openlegislation.uk/education-grant-maintained-schools-finance-wales-regulations-1994/regulation-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.