After subsection (1) insert—

“(1A)

In the definition of “trust corporation” in the provisions listed in subsection (1B), the reference to a corporation appointed by the court in any particular case to be a trustee includes a reference to a qualifying Academy proprietor.

(1B)

The provisions are—

(a)

section 117(1)(xxx) of the Settled Land Act 1925;

(b)

paragraph (18) of section 68(1) of the Trustee Act 1925;

(c)

section 205(1)(xxviii) of the Law of Property Act 1925;

(d)

section 55(1)(xxvi) of the Administration of Estates Act 1925;

(e)

section 128 of the Senior Courts Act 1981.”