# The School Funding (Wales) Regulations 2010, Paragraph 19

Extent: E+W

A statement as to the use that a governing body proposes to make of a surplus in the school balance which exceeds 5% of the school budget share or £10,000, whichever is the greater.

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Source: https://www.legislation.gov.uk/wsi/2010/824/schedule/4/paragraph/19 (the official version)
Page: https://openlegislation.uk/school-funding-wales-regulations-2010/schedule-4/paragraph-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.