{
  "url": "https://openlegislation.uk/financing-of-maintained-schools-england-no-2-regulations-2003/regulation-2",
  "json_url": "https://openlegislation.uk/financing-of-maintained-schools-england-no-2-regulations-2003/regulation-2.json",
  "legislation": "uksi/2003/3247",
  "legislation_title": "The Financing of Maintained Schools (England) (No. 2) Regulations 2003",
  "legislation_url": "https://openlegislation.uk/financing-of-maintained-schools-england-no-2-regulations-2003",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Revocation of the 2002 Regulations, and amendment and operation of the 2003 Regulations",
  "text": "(1) The 2002 Regulations are revoked on 1st April 2004.\n(2) The 2003 Regulations are amended—\n(a) to add after sub-paragraph (d) of regulation 15(1), the following sub-paragraph—\n“(e) two thirds of any upward adjustment of the Allocation for the academic year beginning on 1st August 2003 shall be included in a school’s budget share for the financial year beginning 1st April 2003, where the authority was notified of such adjustment after 1st November 2003.” and\n(b) to add at the end of regulation 16(1)—\n“but no such redetermination shall be made to budget shares for the financial year beginning on 1st April 2003 in respect of any downward adjustments of the Allocation for the academic year beginning on 1st August 2003 where the authority was notified of such adjustment after 1st November 2003.”\n(3) Save as provided by the effect of regulations 15(1)(e) and 16(1) of the 2003 Regulations a school’s budget share for the financial year beginning on 1st April 2003 may only be redetermined in the financial year beginning on 1st April 2004 in accordance with the provisions of the 2003 Regulations if such redetermination makes provision for—\n(a) pupils permanently excluded or admitted following a permanent exclusion; or\n(b) the correction of errors, whether in calculation or data, under any of the provisions of those Regulations.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2003/3247/regulation/2",
    "retrieved_at": "2026-10-29T05:37:00.877742+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}