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The Diocese of Lincoln (Educational Endowments) (Navenby Church of England School) Order 2019
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- 2019 No. 9
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EXPLANATORY NOTE
(This note is not part of the Order)
This Order makes new provision as to the use of the endowment of the foundation known as Navenby Church of England School. It requires the foundation’s trustee, Lincoln Diocesan Trust and Board of Finance Limited, to divide the foundation’s trust assets into a School Fund and a Religious Education Fund.
The Order provides for the Religious Education Fund to be held on trust by the vicar and churchwardens of the Parish of Navenby for the purpose of providing religious education in accordance with the doctrines of the Church of England within that parish.
The Order includes provision that requires Lincoln Diocesan Trust and Board of Finance Limited to consolidate the School Fund with the fund known as the School Buildings Section 86/2 accumulated funds and hold it on the uniform statutory trusts set out in the Schedule to the Order (being the uniform statutory trusts set out in Schedule 36 to the Education Act 1996) for the benefit of Church of England voluntary schools, foundation schools, academy schools, alternative provision academies, city technology colleges and city colleges for the technology of the arts in the Diocese of Lincoln.
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