# The School Funding (Wales) Regulations 2010, Paragraph 20

Extent: E+W

A provision under which–
(a) the authority may direct the governing body as to how to spend a surplus in the school balance for a funding period, if—
(i) in the case of a primary school the surplus is £50,000 or more, and
(ii) in the case of a secondary school or a special school the surplus is £100,000 or more;
(b) the authority may, if the governing body do not comply with such a direction, require the governing body to pay all or part of that surplus to the authority to be applied as part of their schools budget for the funding period in question.

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Source: https://www.legislation.gov.uk/wsi/2010/824/schedule/4/paragraph/20 (the official version)
Page: https://openlegislation.uk/school-funding-wales-regulations-2010/schedule-4/paragraph-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

