49 Maintained schools to have delegated budgets

Financial delegation

49  Maintained schools to have delegated budgets

(1)     Every maintained school shall have a delegated budget.

[(2)     A new school shall have a delegated budget from a date determined in accordance with regulations.

(2A)     Regulations under subsection (2) may—

(a)     enable the date that would otherwise apply by virtue of the regulations to be varied in accordance with the regulations, on the application of the [local authority], by the authority's schools forum or by the Secretary of State, and

(b)     make provision about the respective powers of the schools forum and the Secretary

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