COPY
42
2-4
1.
Suggested Amendments to the Grant Code.
Add to the Grant Code after Para. 37 a new Fare, to be numbered
! 374 as follows:-
37A
Alternative to Paras. 32, 33 and 37.
(1) Instead of having expenditure on Other Charges estimated and
approved in advance according to the provisions of paras. 32 and 33, a
schools may elect to receive an annual Block Grant to cover all Other
Charges. This grant shall be shâculated at the rate of $15 for each
pupil in the afhoel, plus a sum of $5,000 if the school curriculum in-
ir
cludes a full School Certificate Course; in no case, however, shall the
total Block Grant for Other Charges exceed $20,000. For the calculation
of the grant the number of pupils shall be taken as the average daily
attendance of the previous year.
(11) If a school chooses this alternative, it may at its discretion
charge students regular monthly "subscriptions" at a rate greater than
50% of tuition fees; but if the total of the "subscriptions" collected
exceeds 50% of the total tuition fees collected, the excess shall be
credited against approved expenditure to reduce the total annual recurrent
grant payable by Government. The "subscriptions" retained by the school
ahall be used only for the purposes indicated in Para. 37 above.
(111) The figure of 50%, wherever it occurs in this Pare, and Para.
37 shall be subject to review by Govt. every 2 years, having regard to the
a eeds of the schools and the gameral conditions at that time.
Note. For Grant School, the "inclusive monthly fee", as defined in the
Regulation made under the Education Ordinance, shall be the sum of the
monthly tutition fee and the monthly "subscription".
2.
Add to the Grant Code at the end of Para.38:-
In addition, a separate audited statement shall be attached showing
the total income from students' "subscriptions" and its expenditure.
3.
For the financial year 1949/50, Block Grants for Other Charges for
schools which elect to some under Para. 374 shall be taken at the amounts
approved under this head in the 1949/50 estimates.
4.
The above changes shall be effective from ist gril, 1949.