In the principal Regulations after Part II (grant) there shall be inserted the following Part —
GRANT TO THE ROYAL BALLET SCHOOL FOR THE PROVISION OF BALLET DANCING IN THE UPPER DIVISION
Grant to the Royal Ballet School
(8A) Subject to the provisions of this Part, the Secretary of State may, in respect of each school year, pay grant to the Royal Ballet School in respect of their expenditure, incurred or to be incurred, in providing education in ballet dancing for pupils in the Upper Division thereof.
Conditions of residence applicable to grant
(8B)
(1) Payment of such grant shall be made only in respect of the provision of education in ballet dancing to pupils in the Upper Division of the Royal Ballet School who meet the conditions of residence set out in paragraph 2 of Schedule 1 to these Regulations, as modified by paragraph (2) below (“qualifying pupils”).
(2) For the purposes of this Regulation, sub-paragraph (1)(a) of and the references to “the relevant date” in paragraph 2 of Schedule 1 shall be read as referring to 1st January in the calendar year in which the school year, in respect of which grant is to be paid under this Part, begins, and the reference in sub-paragraph (1)(b) to “the relevant two year period” as referring to the period of two years preceding that date.
Amount of grant
(8C)
(1) The amount of grant payable by the Secretary of State under this Part in respect of any schoolyear shall, subject to paragraph (2), be such an amount as he may determine after consultation with the Royal Ballet School.
(2) In determining the amount of grant payable to the Royal Ballet School under this Part, the Secretary of State shall have regard in particular to—
(a) the amount of fees or charges received or to be received by the Royal Ballet School in respect of the provision of education in ballet dancing for qualifying pupils for the school year in respect of which grant is to be paid under this Part; and
(b) the amount of grant received or to be received by the Royal Ballet School for that school year under the Scheme referred to in Part II above to take account of fees and charges remitted by the School pursuant to the Scheme.