# The Education (Grant–maintained Schools) (Finance) (Wales) Regulations 1995, Regulation 9: Determination of an amount as a percentage addition


(1) This regulation applies in the case of a school which becomes grant– maintained 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 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 16(2).

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Source: https://www.legislation.gov.uk/uksi/1995/587/regulation/9 (the official version)
Page: https://openlegislation.uk/education-grantmaintained-schools-finance-wales-regulations-1995/regulation-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.