The appropriate amount of funding—
(a) to be transferred for the purposes of section 494(2) of the Act (former provider to pay new provider where pupil permanently excluded from school maintained by local education authority, grant-maintained school or grant-maintained special school);
(b) to be subtracted from the budget share of a school covered by a local education authority’s scheme in accordance with that scheme pursuant to section 494(4)(a) of the Act (school’s budget share to be reduced where pupil permanently excluded from school covered by local education authority scheme); and
(c) to be allocated for the purposes of such a school in accordance with the scheme pursuant to section 494(4)(b) of the Act (amount to be allocated where permanently excluded pupil admitted to school covered by local education authority scheme),
shall be the amount determined by the application of the following formula—
where,
A is, subject to regulation 3, the amount attributable in accordance with the allocation formula under the local education authority’s scheme, as it applies in the financial year in which the relevant date falls, to each registered pupil of the age of the excluded pupil or falling within the age group within which the excluded pupil falls at schools covered by the scheme; and for the purposes of this definition the reference to the local education authority is a reference—
to the local education authority maintaining the school from which the pupil is excluded; or
where the pupil is excluded from a grant-maintained school, the local education authority in whose area the school is situated or, where such a school is situated in the area of more than one local education authority, such local education authority as the Secretary of State, after consultation with those local education authorities concerned, may determine; or
where the pupil is excluded from a grant-maintained special school—
the local education authority by which the school was maintained immediately before it became a grant-maintained special school, or
where that authority is the subject of a structural or boundary change (or both such changes) within the meaning of section 14 of the Local Government Act 1992 , effected by an order made under section 17 of that Act, such other local education authority as the Secretary of State, after consultation with that authority, may determine;
B is the number of days on which the school is to meet in the financial year falling on or after the relevant date; and
C is 190.