Regulation 6 Determination of an amount in respect of a comparable maintained school’s budget share
In any case where the school becomes grant–maintained before 1st April in the financial year in question, the Secretary of State may if he thinks fit, instead of determining an amount under regulation 5(2), determine an amount in accordance with paragraph (2).
Where the Secretary of State decides to determine an amount in accordance with this paragraph he shall determine an amount by—
taking the amount which—
in the case of a school which becomes a grant–maintained school in or before the financial year ending on 31st March 1995, was determined in respect of the school under (as the case may be) regulation 5, 7 or 13(2) of the 1994 Regulations for that year; or
in the case of a school which becomes a grant–maintained school after the financial year ending on 31st March 1995, is determined in respect of the school under (as the case may be) this paragraph or regulation 5, 7 or 13(2) for the financial year in which the date of implementation of the proposals in respect of the school falls; and
adjusting that amount by such amount as appears to him to be fair and reasonable having regard, in particular, to—
any increase or decrease in the actual or planned level of spending of the relevant authority in respect of the schools maintained by them occuring since the financial year in respect of which the amount referred to in sub– paragraph (a) above was determined; and
any significant change in the characteristics of the school occuring as aforesaid or which it appears to him is likely to occur before the end of the financial year in question.
In these Regulations references to the preceding financial year are references to the financial year immediately preceding the financial year in question.