# The Financing of Maintained Schools (England) Regulations 2002, Paragraph 5


Where a school is to close during the financial year, the protected level of funding shall be the amount determined in accordance with paragraph 2, 3 or 4, as the case may be, divided by 365 and multiplied by the number of days in the period beginning on 1st April 2002 and ending on the day on which the school closes.

---
Source: https://www.legislation.gov.uk/uksi/2002/377/schedule/3/paragraph/5 (the official version)
Page: https://openlegislation.uk/financing-of-maintained-schools-england-regulations-2002/schedule-3/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.