Paragraph 3
(1)
This paragraph applies where any proposals that a community school should become a foundation school have been approved under paragraph 3 of the modified Schedule 6 to the Act or a local education authority have determined under paragraph 4 of the modified Schedule 6 to the Act to implement any such proposals.
(2)
In such a case, any land which, immediately before the implementation date, was held or used by a local authority for the purposes of the community school shall on that date be transferred to, and by virtue of this paragraph vest in,—
(a)
the trustees of the school, to be held by them on trust for the purposes of the school; or
(b)
if the school has no trustees, the governing body.