{
  "url": "https://openlegislation.uk/school-finance-england-regulations-2008/schedule-3/paragraph-15",
  "json_url": "https://openlegislation.uk/school-finance-england-regulations-2008/schedule-3/paragraph-15.json",
  "legislation": "uksi/2008/228",
  "legislation_title": "The School Finance (England) Regulations 2008",
  "legislation_url": "https://openlegislation.uk/school-finance-england-regulations-2008",
  "path": "schedule/3/paragraph/15",
  "kind": "paragraph",
  "number": "15",
  "heading": null,
  "text": "Where a school has been established or has become the subject of a prescribed alteration within the meaning of regulations made under section 18 of the 2006 Act as a result of the closure of one or more schools, a local education authority may include a factor in their formula which provides that—\n(a) an amount may be added to the budget share of the school to reflect all or part of the unspent budget share of the closing school for the funding period in which it closes; or\n(b) an amount may be deducted from the budget share of the school to reflect all or part of any deficit in the budget share of the closing school, provided the amount deducted does not exceed any amount determined by the local education authority under regulation 11(6) as the delegated budget of the new school for the period form the opening date to the appropriate date.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 3 para. 15 in force at 29.2.2008, see reg. 1(1)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "Provisions relating to establishment, closure of, and prescribed alterations to, maintained schools are in Part 2 of the 2006 Act."
    }
  ],
  "outstanding_effects": [
    {
      "type": "words substituted",
      "affecting": "uksi/2010/1172",
      "affecting_title": "The Local Education Authorities and Children’s Services Authorities (Integration of Functions) (Local and Subordinate Legislation) Order 2010"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2010/1172",
      "affecting_title": "The Local Education Authorities and Children’s Services Authorities (Integration of Functions) (Local and Subordinate Legislation) Order 2010"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2008/228/schedule/3/paragraph/15",
    "retrieved_at": "2026-10-29T03:37:11.316035+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."
}