{
  "url": "https://openlegislation.uk/further-education-attribution-of-surpluses-and-deficits-regulations-1993/note",
  "json_url": "https://openlegislation.uk/further-education-attribution-of-surpluses-and-deficits-regulations-1993/note.json",
  "legislation": "uksi/1993/609",
  "legislation_title": "The Further Education (Attribution of Surpluses and Deficits) Regulations 1993",
  "legislation_url": "https://openlegislation.uk/further-education-attribution-of-surpluses-and-deficits-regulations-1993",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations prescribe certain matters for the purposes of section 37 of the Further and Higher Education Act 1992 (attributions of surpluses and deficits). They are—\n(a) the amount to be deducted from an institution’s budget share in respect of earned income;\n(b) the amount to be added in respect of any surplus carried forward;\n(c) the amount of earned income to be deducted in calculating “net expenditure”;\n(d) the expenditure to be taken into account;\n(e) the instalments by which payments are to be made; and\n(f) interest payable.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1993/609/note",
    "retrieved_at": "2026-10-29T14:02:15.778462+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."
}