{
  "url": "https://openlegislation.uk/further-education-attribution-of-surpluses-and-deficits-regulations-1993/regulation-6",
  "json_url": "https://openlegislation.uk/further-education-attribution-of-surpluses-and-deficits-regulations-1993/regulation-6.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": "regulation/6",
  "kind": "regulation",
  "number": "6",
  "heading": null,
  "text": "(1) Unless otherwise agreed between the assisting authority and the new governing body, a sum payable under section 37(2) or (3) shall be paid by equal monthly instalments, the first of which shall be paid on the relevant date, in accordance with the following table—\nAmount payable as a proportion of the net budget share\nPeriod for repayment\nUp to 1% (inclusive)\n10 months\nMore than 1%\n14 months.\n(2) In paragraph (1) above “the relevant date” means 31st January 1994 or, if sooner, the last day of the month following the month in which section 18(1) of the Local Government Finance Act 1982 (auditor’s reports) is complied with in respect of the assisting authority’s accounts for the relevant financial year.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1982 c. 32."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1993/609/regulation/6",
    "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."
}