10.—(1) Sub-paragraph (2) applies where—
(a)any proposals that a voluntary aided school should become a foundation school have been approved under paragraph 8 of modified Schedule 6 to the Act;
(b)the school (as a voluntary aided school) is not a member of a group for which a foundation body acts; and
(c)the school (as a foundation school) will not be a member of such a group.
(2) Where this sub-paragraph applies, any land which, immediately before the implementation date, was held by the local education authority for the purposes of the voluntary aided school shall on that date be transferred to, and by virtue of this paragraph vest in, the governing body.
(3) Sub-paragraph (4) applies where—
(a)any proposals that a voluntary aided school which is not a member of a group for which a foundation body acts should become a foundation school have been approved under paragraph 8 of modified Schedule 6 to the Act; and
(b)as from the implementation date the school (as a foundation school) will be a member of such a group.
(4) Where this sub-paragraph applies, any land, other than land held on trust, which, immediately before the implementation date, was held by the governing body or the local education authority for the purposes of the voluntary aided school shall on that date be transferred to, and by virtue of this paragraph vest in, the foundation body.
(5) Sub-paragraph (6) applies where—
(a)any proposals that a voluntary aided school which is a member of a group for which a foundation body acts should become a foundation school have been approved under paragraph 8 of modified Schedule 6 to the Act; and
(b)as from the implementation date the school (as a foundation school) will not be a member of such a group.
(6) In such a case 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 voluntary aided school or was held or used by the local education authority for the purposes of that school shall on that date be transferred to, and by virtue of this paragraph vest in,—
(a)the trustees of the school, to be held by them on trust for the purposes of the school; or
(b)if the school has no trustees, the governing body.