SCHEDULE 1Information to be included in proposals to remove foundation

5

Information about the transfer of land held on trust for the purposes of the school should the proposals be approved (with or without modification), including—

a

the proposed terms of any transfer agreement to be entered into in relation to the land, and

b

details of any payments which will fall to be made in relation to the land—

i

by the governing body or the local education authority to the trustees, or

ii

by the trustees to the governing body or the local education authority.