SCHEDULE 4IMPLEMENTATION OF PROPOSALS TO CHANGE CATEGORY OF SCHOOL
PART 3TRANSFER OF LAND
Change from voluntary aided or voluntary controlled school to voluntary controlled or voluntary aided school
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(1)
Sub-paragraph (2) applies where—
(a)
proposals for a voluntary aided school or a voluntary controlled school which is a member of the group for which a foundation body acts to become a voluntary controlled school or a voluntary aided school are required to be implemented under section 55(2), and
(b)
as from the implementation date the school will not be a member of the group.
(2)
Any land which, immediately before the implementation date, was held by the foundation body for the purposes of the schools in the group and used for the purposes of the school is, on that date, to be transferred to, and vest in, the trustees of the school to be held by them on trust for the purposes of the school.