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SCHEDULE 4Content of Financial Schemes

The matters referred to in regulation 26, being matters connected with the financing of schools maintained by a local authority, required to be dealt with in the local authority’s scheme are as follows:

9.  Circumstances in which the authority may delegate to the governing body the power to spend any part of the authority’s LEA budget or schools budget in addition to those set out in section 49(4)(a) to (c)(1) of the 1998 Act.

(1)

Section 49 is amended by paragraph 100(2) of Schedule 21 to the Education Act 2002.