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Regulation 5 Rate of standards fund grant

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Except as provided in paragraph (2) below, standards fund grants in respect of approved expenditure incurred on or after 1st April 2000 shall be payable at the rate of 50 per cent. of such expenditure in respect of items referred to in the paragraphs of Schedule 1 other than paragraph 45.

(2)

Standards fund grants in respect of approved expenditure incurred on or after 1st April 2000 in respect of items referred to in the paragraphs of Schedule 1 listed in the left hand column of the table below shall be payable at the percentage rate of such expenditure specified in relation thereto in the right hand column of the table.

TABLE

Paragraph in Schedule 1Rate (%)
2a100
5100
6a100
7100
9100
11(f)100
13100
1758
20100
21100
22100
23100
24100
2550
2675
27a100
29100
30100
31100
3290
34100
3560
3875
39100
40100
41100
4275
43100
44100
46100
(3)

Standards fund grant in respect of approved expenditure incurred on or after 1st April 2000 in respect of items referred to in paragraph 45 of Schedule 1 shall be payable, in relation to the education authorities listed in the left hand column of the table in Schedule 2, at the percentage rate of such expenditure specified in the right hand column of the table.