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'.—(1) For each financial year, recurrent grant payable in respect of any self-governing school—
shall be determined having regard to the following provisions of this section.
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(2) The education authority and the board of management shall attempt to reach agreement as to—
and any such agreement, or a failure to reach such agreement, shall be timeously intimated by the board of management to the Secretary of State.
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(3) If intimation under subsection (2) above is of a failure to reach agreement or if the Secretary of State does not accept any aspect of an intimated agreement, he shall himself determine the matters mentioned in paragraph (a) or as the case may be (b), of subsection (2) above in determining under section 25(2) of this Act the amount of recurrent grant payable in respect of the school; and his determination as to the said matters shall (without prejudice to the provision made by subsection (2) of section 25 of this Act as to revision) be final.
(4) In determining under section 25(2) of this Act the amount of recurrent grant payable in respect of a school, the Secretary of State shall, where he does not make a determination under subsection (3) above, regard an agreement intimated under subsection (2) above as determining the matters to which it relates.
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(5) Grant regulations may prescribe—
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(6) In a case where an amount of recurrent grant payable has been determined in accordance with subsection (4) above, during the course of the financial year the education authority and the board of management—
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(7) The board of management shall intimate to the Secretary of State any variation agreed, or any failure to reach an agreement, under subsection (6) above; and the Secretary of State shall, if he accepts any agreement reached, vary the amount of recurrent grant payable accordingly.
(8) Where the Secretary of State does not accept an agreed variation intimated under subsection (7) above, or where he has imposed a requirement under subsection (6) above but the education authority and the board of management are unable to agree on a variation of their agreement under subsection (2) above, he may himself vary the amount of recurrent grant payable but he shall not otherwise vary that amount in a case such as is mentioned in subsection (6) above.'. —[Mr. Michael Forsyth.]
§ Brought up, read the First and Second time, and added to the Bill.