PART 4 —Financial Schemes
Required content of schemes
26. A scheme maintained by a local authority under section 48(1) of the 1998 Act must deal with the matters connected with the financing of schools maintained by the authority set out in Schedule 4 to these Regulations.
Manner of publication
27. For the purposes of paragraph 1(7) of Schedule 14 to the 1998 Act (prescribed manner of publication of schemes) a scheme must be published by the local authority concerned on its coming into force as revised under that Schedule by—
(a)furnishing a copy to the governing body and head teacher of each school maintained by the authority; and
(b)making a copy available for reference at all reasonable times and without charge—
(i)at the principal education office of the authority; and
(ii)at each school maintained by the authority or on a website which is maintained by the authority and accessible to the public.
Approval by the schools forum or the Welsh Ministers of proposals to revise schemes
28.—(1) Where a local authority submit proposals for any revisions to their scheme to their schools forum for approval pursuant to paragraph 2A of Schedule 14 to the 1998 Act, the schools forum may–
(a)approve any such proposals;
(b)approve any such proposals subject to modifications; or
(c)refuse to approve any such proposals.
(2) Where the schools forum approve any revisions to the scheme, they may specify the date upon which any revised scheme is to come into force.
(3) Where the schools forum refuse to approve proposals submitted under paragraph 2A of Schedule 14 to the 1998 Act, or approve any such proposals subject to modifications which are not acceptable to the local authority, the authority may apply to the Welsh Ministers for approval of such proposals.
(4) The Welsh Ministers may—
(a)approve any such proposals;
(b)approve any such proposals subject to modifications; or
(c)refuse to approve any such proposals.
(5) Where the Welsh Ministers approves any revisions to the scheme, they may specify the date upon which any revised scheme is to come into force.
(6) No revised scheme is to come into force unless approved by the schools forum or the Welsh Ministers in accordance with this regulation.