
1 
These Regulations may be cited as the Education (Pre-Scheme Financial Statements) (Amendment) Regulations 1989 and shall come into force on 18th August 1989.
2 
In these Regulations a reference to “the principal Regulations” is a reference to the Education (Pre-Scheme Financial Statements) Regulations 1989.
3 

(1) For paragraph (c) of regulation 3 of the principal Regulations, there shall be substituted the following—“
(c) all other expenditure (other than expenditure of a capital nature or expenditure in respect of the repayment of the principal of, the payment of interest on and the discharge of any other financial obligation in connection with any loan raised to meet expenditure of a capital nature) treated by the authority as not forming part of the direct costs of relevant schools”.
(2) For paragraph (2)(a) of regulation 4 of the principal Regulations there shall be substituted the following—“
(a) the amount attributable to—
(i) expenditure of a capital nature; and
(ii) expenditure in respect of the repayment of the principal of, the payment of the interest on and the discharge of any other financial obligation in connection with any loan raised to meet expenditure of a capital nature; and”.
(3) In regulation 4(3) of the principal Regulations, after the word “particulars”, there shall be inserted the following—“
 (in so far as they relate to the financial provision initially planned by the authority in respect of the financial year to which the statement relates for the schools required to be covered by the statement)”.
Kenneth Baker
Secretary of State for Education and Science
21st July 1989Peter Walker
Secretary of State for Wales
25th July 1989