Paragraph 20 I1

Section 12 of AA 2010 (charitable status of Academy proprietors etc) is amended as follows.

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.”

In the heading, after “charitable” insert “ and trust corporation ”.