Regulation 60 Governors as trustees

Where, on the appointed day—

any land or other property used or held for the purposes of the school and which vested in the first governors of the grant-maintained school or the grant-maintained special school (as the case may be) as trustees by virtue of section 201(4) of the 1996 Act shall on that day be transferred to, and by virtue of this regulation vest in, the governing body of the school on the trusts applicable immediately before that date under any trust deed regulating the use of that land or other property for the purposes of the school.