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7. Where paragraph 2, 3 or 4 applies to a school and any land held by a person or body other than a local authority was, immediately before the implementation date, used for the purposes of the school, any rights or liabilities—
(a)enjoyed or incurred by the local authority in connection with the use of the land, and
(b)subsisting immediately before the implementation date,
on that date transfers to, and by virtue of these Regulations vests in, the trustees of the school or, if there are no trustees, the governing body.
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