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(a) such school resources as have been received in any one financial year, including any school resources which were unspent at the end of the previous financial year;

(b) the application in any one financial year of any school resources; and

(c) a summary of the school's financial position at the end of any financial year.

Reporting duties of governing bodies
     3. A governing body shall provide the local education authority with a financial statement by a date determined by the local education authority having regard to the provisions of regulation 5, provided that this regulation shall not apply to a governing body in respect of any financial year in which no school resources were received by that governing body.

     4. The first provision of a financial statement under regulation 3 shall be made in respect of the financial year ending 31 March 2003.

Reporting duties of local education authorities
     5. In respect of a financial statement supplied to the local education authority with regard to a financial year, the local education authority shall provide the Secretary of State with that financial statement by the 22 August following that financial year.


David Miliband
Minister of State, Department for Education and Skills

24th February 2003

[2] Pupil referral units were established under section 19 of the Education Act 1996 c.56.back

 

© Crown copyright 2003

Prepared 3 March 2003