The Academy Conversions (Transfer of School Surpluses) Regulations 2013
Section 7 of the Academies Act 2010 requires local authorities to transfer a maintained school’s surplus to the Academy proprietor when the school converts to an Academy following an order following an application by the governing body.
Lifecycle
Department
Made
03 Dec 2013
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In force
01 Jan 2014
Enabling power
The Secretary of State for Education makes the following Regulationsin exercise of the powers conferred by section 7 of the Academies Act 2010and section 19 of and paragraph 3 of Schedule 1 to the Education Act 1996:
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