
1 

(1) These Regulations may be cited as the Education (School Financial Statements) (Prescribed Particulars etc.) (Amendment and Revocation) Regulations 1996 and shall come into force on 20th March 1996.
(2) In these Regulations “the principal Regulations” means the Education (School Financial Statements) (Prescribed Particulars etc.) Regulations 1995.
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The principal Regulations shall be amended as follows—
(a) by the omission from paragraph (1) of regulation 1 of the words “and shall apply only to local education authorities in England”;
(b) by the insertion in paragraph (2) of regulation 1 after the word “apply” of the words “in the case of local education authorities in England” and by the insertion at the end of the paragraph of the words “and in the case of local education authorities in Wales in relation to a financial year beginning on or after 1st April 1996”;
(c) by the insertion in paragraph (a) of regulation 6 after the word “copy” of the words “in the case of a local education authority in England” and by the insertion at the end of that paragraph of the words “or in the case of a local education authority in Wales, to the Secretary of State for Wales”;
(d) by the insertion in Schedule 1 in the Form of Part 1 of the Budget Statement (under the heading “Discretionary exceptions outside the PSB (24)” after “OFSTED” of the words “or OHMCI (Wales)”;
(e) by the insertion in Schedule 1 at the end of notes (12) and (27) of the Notes to the Form of Part 1 of the Budget Statement of the words “or Her Majesty’s Chief Inspector of Schools in Wales (as the case may be)”;
(f) by the insertion in Schedule 2 at the end of note (2) of the Notes to the Form of Part 2 of the Budget Statement of the words “or the Welsh Office (as the case may be)”.
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(1) The Education (School Financial Statements) (Prescribed Particulars etc.) Regulations 1994 in so far as they apply to local education authorities in Wales and the Education (School Financial Statements) (Prescribed Particulars etc.) (Amendment) Regulations 1995 are revoked.
(2) Notwithstanding paragraph (1) and except in so far as they impose any requirements in respect of section 42(4)(f) to (i) of the Education Reform Act 1988—
(a) the Education (School Financial Statements) (Prescribed Particulars etc.) Regulations 1990 continue to apply in relation to a financial year beginning on or before 1st April 1992;
(b) the Education (School Financial Statements) (Prescribed Particulars etc.) Regulations 1993 continue to apply in relation to the financial year beginning on 1st April 1993; and
(c) the Education (School Financial Statements) (Prescribed Particulars etc.) Regulations 1994 continue to apply in relation to the financial years beginning on 1st April 1994 and 1st April 1995; in relation to local education authorities in Wales.
William Hague
Secretary of State for Wales
21st February 1996