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Regulation 12 Determination of Central AMG—apportionment for schools established in September in the financial year in question

Original text. Later amendments are not shown.

(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 8 (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—

(A×J)365,

where

  • J is the amount calculated in accordance with regulation 5(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.