Part II New framework for maintained schools
C2Chapter IV Financing of maintained schools
Budgetary framework
45 Maintained schools to have budget shares.
1
For the purposes of the financing of maintained schools by local education authorities, every such school shall have, for each financial year, a budget share which is allocated to it by the authority which maintains it.
2
Sections 46 and 47 have effect for determining the amount of a school’s budget share for a financial year.
C13
In this Chapter—
a
references to schools maintained by a local education authority do not include schools which are not maintained schools as defined by section 20(7);
b
references, in a context referring to a local education authority, to a maintained school or to a school maintained by such an authority shall be read as including a new school—
i
which on implementation of proposals under section 28 or 31 or paragraph 5 of Schedule 7 will be a community, foundation or voluntary school or a community or foundation special school maintained by the authority, and
ii
which has a temporary governing body; and
c
references to the governing body of a maintained school or of a school maintained by a local education authority shall accordingly be read as including the temporary governing body of a new school falling within paragraph (b).
C14
In this Chapter “new school” (without more) has the meaning given by section 72(3).
Pt. II, Chapter IV (ss. 45-53) modified (20.11.1998) by S.I. 1998/2670, reg. 3(1)(3)