Regulation 11 Determination of Central AMG – apportionment for schools established in September in the financial year in question

(1)

This regulation applies in the case of a school established in September in the financial year in question.

(2)

Where this regulation applies, regulation 7 (determination of Central AMG) shall have effect as if it required the funding authority to determine the relevant percentage of the amount determined in accordance with the following formula –

\frac{(A \times J)}{365}

, where

J is the amount calculated in accordance with regulation 4(2) (Direct AMG by reference to a comparable maintained school’s budget share) in respect of the school as if it had been established on 1st April in the financial year in question; and
A is the number of days in the financial year falling on or after the date on which the school was established.