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4After section 45A insert—
(1)Regulations may require a local education authority in England, not later than the prescribed date, to make an initial determination of their schools budget for a funding period.
(2)The date prescribed for the purposes of subsection (1) may be a date falling up to 48 months before the beginning of the funding period.
(3)Regulations under subsection (1) may—
(a)authorise or require local education authorities in England to take account of matters arising after the initial determination of their schools budgets for any funding period but before the beginning of the funding period, by redetermining their schools budgets for the period in accordance with the regulations, and
(b)require notice of any initial determination or revised determination to be given in accordance with the regulations to the governing bodies of schools maintained by the local education authority.
(1)Before the schools budget deadline in any funding period, a local education authority in Wales must—
(a)determine the proposed amount of their schools budget for the following funding period, and
(b)give notice of their determination to the National Assembly for Wales and to the governing body of every school maintained by the authority.
(2)For the purposes of this section “the schools budget deadline”, in relation to an authority in Wales, means the end of January or such other time as may be prescribed.
(1)Regulations may require a local education authority in Wales, not later than the prescribed date, to make an initial determination of their schools budget for a funding period.
(2)The date prescribed for the purposes of subsection (1) may be a date falling up to 48 months before the beginning of the funding period.
(3)Regulations under subsection (1) may—
(a)authorise or require local education authorities in Wales to take account of matters arising after the initial determination of their schools budgets for the funding period but before the beginning of the funding period, by redetermining their schools budgets for the period in accordance with the regulations, and
(b)require notice of any initial determination or revised determination to be given in accordance with the regulations to the Assembly and to the governing bodies of schools maintained by the local education authority.
(4)Regulations under subsection (1) are not to have effect in relation to an authority’s schools budget for any funding period if section 45AB is in force in relation to that funding period.”
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