Regulation 3 Teacher training bursaries
(1)
The Secretary of State may pay grants to the governing bodies of institutions providing initial teacher training to facilitate and encourage the training of a person as a teacher in accordance with following provisions of these Regulations.
(2)
Grant may only be paid in respect of expenditure incurred or to be incurred by a governing body of an institution in providing bursaries to persons undertaking, or proposing to undertake, a post-graduate teacher training course.
(3)
Grant shall be paid on condition that the maximum amount thereof used by the governing body of an institution to provide a bursary to a person shall be £6,000.