# The Education (New Grant-maintained Schools) (Finance) Regulations 1998, Regulation 8: Determination of Central AMG


(1) Subject to regulation 12 (apportionment), the funding authority shall determine an amount for Central AMG which is equal to the relevant percentage of the amount calculated in respect of the school in accordance with regulation 5(2) (Direct AMG by reference to a comparable maintained school’s budget share) whether or not Direct AMG for the school was determined under that regulation or regulation 6.
(2) In these Regulations the relevant percentage is the percentage determined in accordance with Schedule 1.

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Source: https://www.legislation.gov.uk/uksi/1998/798/regulation/8 (the official version)
Page: https://openlegislation.uk/education-new-grant-maintained-schools-finance-regulations-1998/regulation-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.