Regulation 6 Conditions for payment of standards fund grant
No payment of standards fund grant shall be made except in response to an application from an education authority to the Secretary of State.
An education authority shall, when requested by the Secretary of State, inform him of the approved expenditure, in respect of which an application for grant has been made which has been or which it is estimated will be incurred by the education authority during the course of the financial year.
Where an application relating to approved expenditure to be incurred during the period commencing on 1st January in any financial year is submitted under paragraph (1) above, the Secretary of State may make a single payment of standards fund grant of such amount as he may determine at such time as he considers appropriate in respect of such expenditure, but no further payment of standards fund grant shall be made in respect of that expenditure until a statement has been submitted in accordance with paragraph (4)(a) below.
Each education authority that has received or seeks to receive a payment of standards fund grant in respect of expenditure incurred during any financial year shall, before 1st October in the following financial year or as soon as practicable after that date–
submit to the Secretary of State a statement which shall specify the approved expenditure in respect of which standards fund grant has been or is being applied for which has been incurred by the education authority during that year; and
secure the submission to the Secretary of State of a certificate signed by the auditor appointed by the Audit Commission for Local Authorities and the National Health Service in England and Wales to audit the accounts of the authority or any auditor qualified for such appointment by virtue of sections 5, 6 and 7 of the Audit Commission Act 1998f1 certifying that in his opinion the particulars stated in the statement submitted by the authority pursuant to this paragraph are fairly stated and that the expenditure incurred was approved for the purposes of section 484 or, in the case of expenditure in respect of the items referred to in paragraph 26 of the Schedule, section 488 of the 1996 Act.
Any under-payment or over-payment of standards fund grant which remains outstanding following receipt of the auditor’s certificate referred to in paragraph (4)(b) above shall, without prejudice to the recovery of any over-payment from any subsequent payment of standards fund grant to the education authority, be adjusted by payment between the authority and the Secretary of State.
Annotations
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