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.