(1) The total entitlement for a school for a year is to be determined under section 26 in accordance with the regulations if:
(a) no student receives primary education or secondary education at the school, or at a location of the school, during a part of the year (except school holidays); or
(b) the approval of the school's approved authority is varied during the year to change a level of education for a location of the school; or
(c) the school becomes or ceases to be entitled to financial assistance under Part 3.
(2) Without limiting subsection (1), the regulations may prescribe:
(a) that no financial assistance is payable for a school for a year in prescribed circumstances; or
(b) that a full amount of financial assistance is payable for a school for a year in prescribed circumstances; or
(c) that an amount of financial assistance is to be determined
for a year on a pro rata basis set out in the regulations in prescribed
circumstances.