{
  "url": "https://openlegislation.uk/financing-of-maintained-schools-england-no-2-regulations-2003/schedule-2/paragraph-4",
  "json_url": "https://openlegislation.uk/financing-of-maintained-schools-england-no-2-regulations-2003/schedule-2/paragraph-4.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": "schedule/2/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": null,
  "text": "Where a school opens on or after 1st April 2004 and is a replacement for two or more schools being discontinued in the year beginning on 1st April 2004, its guaranteed funding level shall be (X/Y) x Z, where\nX is the sum of the adjusted budget shares for the discontinued schools for the financial year beginning on 1st April 2003;\nY is the sum of the relevant number of pupils for the discontinued schools for the financial year beginning on 1st April 2003; and\nZ is the relevant number of pupils for the new school for the financial year beginning on 1st April 2004 multiplied by 1.034.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "substituted",
      "affecting": "uksi/2004/659",
      "affecting_title": "The LEA Budget, Schools Budget and Individual Schools Budget and the Financing of Maintained Schools (No. 2) (Amendment) (England) Regulations 2004"
    },
    {
      "type": "mod",
      "affecting": "uksi/2004/592",
      "affecting_title": "The Kingston-upon-Hull City Council (School Meals) Order 2004"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2003/3247/schedule/2/paragraph/4",
    "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."
}