Regulation 38 Availability of amounts representing budget share

Subject to any provision made by or under a scheme made under section 48(1) of the 1998 Act, the temporary governing body of a school leaving a federation may spend any sum made available by the authority under section 50(1) of that Act^f1 to the governing body of the federation in respect of the school leaving the federation, as they think fit for any purposes of that school.