The School Boards (Financial Information) (Scotland) Regulations 1990

Made: 16th June 1990

Laid before Parliament: 29th June 1990

Coming into force: 31st July 1990

The Secretary of State, in exercise of the powers conferred on him by section 17(4) of the School Boards (Scotland) Act 1988[^f00001], as read with section 22(2)[^f00002] of that Act, and of all other powers enabling him in that behalf, hereby makes the following Regulations:

Citation and commencement

1

These Regulations may be cited as the School Boards (Financial Information) (Scotland) Regulations 1990 and shall come into force on 31st July 1990.

Interpretation

2

References to “the outturn statement” and to “the budget statement” are references to the statements required to be provided by virtue of section 17(4)(a) and (b), respectively, of the School Boards (Scotland) Act 1988.

Provision of budget and outturn statements

3

• (1) The budget and outturn statements shall be in or as nearly as may be in the form set out in the Schedule hereto.

• (2) The budget statement, in the financial year in which these Regulations come into force, shall be provided by 1st September and, in each subsequent such year, shall be provided by 5th April.

• (3) The outturn statement, in the financial year in which these Regulations come into force and in each subsequent such year, shall be provided by 1st September.

SCHEDULE — PRESCRIBED FORM FOR BUDGET AND OUTTURN STATEMENTS

BUDGET/OUTTURN (insert as appropriate) STATEMENT IN RESPECT OF (enter name of school) FOR THE FINANCIAL YEAR (enter year to which the statement relates) PROVIDED BY (enter name of education authority) ON (date) UNDER SECTION 17(4) OF THE SCHOOL BOARDS (SCOTLAND) ACT 1988

RUNNING COSTS

Signed

Ian Lang — Minister of State, Scottish Office — 16th June 1990

Explanatory note

(This note is not part of the Regulations)

These Regulations prescribe the form in which financial statements are to be provided by an education authority to a school board for the purposes of section 17(4) of the School Boards (Scotland) Act 1988. The information required to be provided to a school board under that provision is an annual statement of the monies paid out by the education authority in the previous financial year in respect of the running costs of and capital expenditure on the school (referred to in the Regulations as “the outturn statement”) and an annual statement of the monies proposed to be paid out by the authority in respect of such costs and expenditure on the school in the financial year in which the statement is made (referred to in the Regulations as “the budget statement”). The Regulations also prescribe the dates by which such statements must be provided.

Regulation 3(1) prescribes that the budget and outturn statements are to be provided in accordance with the form set out in the Schedule to the Regulations.

Regulation 3(2) prescribes that in the financial year in which the Regulations come into force (ie financial year 1990/91), the budget statement is to be provided by 1st September and, in each subsequent financial year, by 5th April.

Regulation 3(3) prescribes that the outturn statement is to be provided by 1st September in each financial year, commencing in the financial year in which the Regulations come into force.

Footnotes

[^f00001]: 1988 c. 47.

[^f00002]: See the definition of “prescribed” in section 22(2).