SCHEDULES
SCHEDULE 8City academies: land
Restriction on disposal
2
1
Sub-paragraph (2) applies if—
a
a freehold or leasehold interest in land is held by a local education authority,
b
at any time in the period of 5 years ending with the day on which this Act is passed the land was used wholly or mainly for the purposes of a county school or community school, and
c
the authority proposes to make a disposal in respect of the interest, or to enter into a contract to make a disposal in respect of it, or to grant an option to make an acquisition in respect of it.
2
Unless the Secretary of State consents, the authority must not make the disposal or enter into the contract or grant the option.
3
Sub-paragraph (2) does not apply to a disposal made in pursuance of a contract made, or option granted, before the coming into force of this paragraph.
4
Sub-paragraph (2) does not apply to—
a
a disposal in favour of a person for the purposes of a city academy and for no consideration;
b
a contract to make such a disposal;
c
a grant of an option for a person to make an acquisition for the purposes of a city academy and for no consideration.
5
A disposal or contract or grant is not invalid by reason only that it is made in contravention of sub-paragraph (2).
6
A person acquiring an interest in land or entering into a contract to acquire it is not to be concerned to enquire whether consent required by sub-paragraph (2) has been given.
3
1
This paragraph applies if an authority makes a disposal or enters into a contract or grants an option in contravention of paragraph 2(2).
2
In the case of a grant of an option, the Secretary of State may by notice served on the option holder repudiate the option at any time before it is exercised.
3
In the case of a contract to make a disposal in respect of an interest, the Secretary of State may by notice served on the other party to the contract repudiate it at any time before a conveyance of the interest concerned is executed.
4
A repudiation under sub-paragraph (2) or (3) has effect—
a
when the notice is served, and
b
as if the repudiation were made by the authority.
5
In the case of a disposal in respect of an interest (whether or not in pursuance of an option or contract falling within sub-paragraph (2) or (3)) the Secretary of State may purchase the interest concerned compulsorily.
6
The [1981 c. 67.] Acquisition of Land Act 1981 is to apply in relation to the compulsory purchase of an interest under sub-paragraph (5).
7
On completion of a compulsory purchase of an interest under sub-paragraph (5) the Secretary of State must transfer it to a person concerned with the running of a city academy.
8
If the Secretary of State acquires an interest by compulsory purchase under sub-paragraph (5) he is entitled to recover from the authority an amount equal to the aggregate of—
a
the compensation agreed or awarded in respect of the purchase,
b
any interest payable by him in respect of the compensation, and
c
the costs and expenses incurred by him in connection with the making of the compulsory purchase order.
9
The authority must provide the Secretary of State with such information as he may require it to provide in connection with a compulsory purchase under sub-paragraph (5).
4
1
For the purposes of paragraphs 2 and 3—
a
references to a disposal in respect of an interest are to a disposal of the whole interest or of a lesser interest;
b
references to an acquisition in respect of an interest are to an acquisition of the whole interest or of a lesser interest.
2
If the disposal referred to in paragraph 3(3) or (5) is a disposal of a lesser interest, the reference there to the interest concerned is to the lesser interest.