OpenLegislation

Paragraph 2

Original text. Later amendments are not shown.

(1)

A statement which explains how the authority intend to support the proposed arrangements financially, whether by means of schools' budget shares or otherwise.

(2)

In sub-paragraph (1) “schools' budget shares”, in relation to an authority, means—

(a)

in relation to any time after section 47 of the 1998 Act comes into force, the budget shares for relevant schools determined by the authority under that section; or

(b)

in relation to any earlier time, schools' budget shares within the meaning of section 101(3)(c) of the 1996 Act.