3The Secretary of State shall not approve such an agreement unless—
(a)he is satisfied that due notice of the agreement has been given to—
(i)any persons (other than the governing body) who have an interest in the school by virtue of a trust deed relating to it, and
(ii)any other persons who appear to him to be concerned; and
(b)he is satisfied that the execution of the agreement will effect the transfer of all interests necessary for the purpose of enabling the authority to maintain the school as a county school.