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United Kingdom Statutory Instruments


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URL: http://www.bailii.org/uk/legis/num_reg/2007/20070599.html

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STATUTORY INSTRUMENTS


2007 No. 599

EDUCATION, ENGLAND

The Consistent Financial Reporting (England) (Amendment) Regulations 2007

  Made 26th February 2007 
  Laid before Parliament 7th March 2007 
  Coming into force 1st April 2007 

The Secretary of State for Education and Skills makes the following Regulations in exercise of the powers conferred upon the Secretary of State by section 44 of the Education Act 2002[1]:

Citation, commencement and application
     1. —(1) These Regulations may be cited as the Consistent Financial Reporting (England) (Amendment) Regulations 2007 and come into force on the 1st April 2007.

    (2) These Regulations apply only in relation to England.

Amendments to the Consistent Financial Reporting (England) Regulations 2003[
2]
     2. —(1) The Schedule to the Consistent Financial Reporting (England) Regulations 2003 is amended as follows.

    (2) After "I13 (Donations and/or Voluntary Funds)", insert—

    (3) After "E30 (Direct revenue financing)", insert—

    (4) After "C101 (Capital Income)", omit "C102 (Loans)".

    (5) After "BO5 (Other Capital Balances)", insert "B06 (Community focused extended school revenue balances)".


Jim Knight
Minister of State Department for Education and Skills

26th February 2007



EXPLANATORY NOTE

(This note is not part of the Regulations)


The Schedule to the Consistent Financial Reporting (England) Regulations 2003 provides the approved headings that governing bodies and local education authorities must use when preparing their financial statements.

These Regulations insert additional headings into, and remove one heading from, the Schedule.


Notes:

[1] 2002 c. 32.back

[2] S.I. 2003 No. 373 amended by S.I. 2004/393; there is another amending instrument but it is not relevant.back



ISBN 978 0 11 075911 1


 © Crown copyright 2007

Prepared 7 March 2007


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