Regulation 16 Apportionment of maintenance grant

This regulation applies in the case of any school which becomes grant– maintained after 1st April in the financial year in question.

Where in respect of any such school the amount of maintenance grant is determined in accordance with regulation 12, 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—

$$\genfrac{}{}{0.1ex}{}{\mathrm{A}\times \mathrm{C}\times \mathrm{F}+\mathrm{G}}{\mathrm{B}}$$

where—

• A is the number of days in the financial year which fall on or after the date on which the school becomes grant–maintained;

• B is 365 or, where the financial year in question ends during a leap year, 366;

• C is the amount determined in respect of the school in accordance with regulation 13(1);

• 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–

• G is the amount determined in respect of the school in accordance with regulation 14(1).