Paragraph 3 Primary and Secondary Schools

Save where paragraph 4 applies, where the relevant number of pupils for the financial year beginning either on 1st April 2004 or on 1st April 2005, is 75 or fewer, that school’s guaranteed funding level shall be

$$A+\left(B\times G/H\times \mathrm{1.05}\right)$$

in respect of primary schools, and

$$A+\left(B\times G/H\times \mathrm{1.04}\right)$$

in respect of secondary schools, where—

• A and B have the same meaning as in paragraph 2,

• G is the total funding within the initially determined adjusted budget share for the financial year beginning on 1st April 2004 determined on the basis of pupil numbers, and

• H is the relevant number of pupils for the financial year beginning on 1st April 2004.