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Academy arrangementsE+W

[F12DSections 2A and 2B: supplementary - old agreementsE+W

(1)An old Academy agreement is to be treated as if it included the new termination powers.

(2)A provision of an old Academy agreement that relates to the procedure for terminating the agreement does not apply to the new termination powers.

(3)Subsections (4) and (5) apply where an old Academy agreement—

(a)contains provision about the consequences of terminating the agreement (“relevant provision”), and

(b)the relevant provision is expressed in a way that is capable of covering termination in accordance with the new termination powers.

(4)The relevant provision applies to termination in accordance with the new termination powers.

(5)If the relevant provision sets out different consequences depending on whether the agreement is terminated on the ground that the proprietor has breached the Agreement or on other grounds, termination in accordance with the new termination powers is to be treated as termination on the grounds of breach by the proprietor.

(6)In this section—