203Grant

203 Grant

(1)  The Minister, in a calendar year, may make a grant to a school if the school is not operated for the private gain of its governing body.

(2)  If the Minister makes a grant, the Minister is to –

(a) determine the amount of the grant in accordance with section 204 ; and

(b) cause that amount to be paid to the governing body of the school or another person or organisation approved under section 208 unless the governing body has refused acceptance of the grant under subsection (3).

(3)  The governing body of the registered school to which a grant is made may accept or refuse to accept it.