Regulation 22 Amendment of regulation 39 of the 1989 Regulations

In regulation 39(3) of the 1989 Regulations (calculation of covenant income where a contribution is assessed) for the words from “regulation 38(2)(h)” to the end of the paragraph there shall be substituted the following words—

“regulation 38(2)(h) (calculation of grant income) falls short of the amount specified in paragraph 7(4)(i) of Schedule 2 to the Education (Mandatory Awards) Regulations 1991 (travel expenditure).”.