A local education authority may accept, hold and administer any property on trust for purposes connected with education.

Any intention on the part of a local education authority that a school (other than a nursery school or a special school) should be vested in the authority as trustees shall be treated for the purposes of F1section 28 of the School Standards and Framework Act 1998 as an intention to establish a new community school (so that proposals for that purpose shall be published as required by that section); and Schedule 6 to that Act (statutory proposals: procedure and implementation) shall apply accordingly.

Any school which in accordance with subsection (2) is vested in a local education authority as trustees shall be F2a community school.