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Regulation 4 Companies governed by these Regulations

Original text. Later amendments are not shown.

These Regulations apply in relation to any company whose members include the governing body of a maintained school which has exercised its powers under section 11 of the 2002 Act to become a member of the company, except where–

(a)

the main purpose of the members in forming the company is to enter into or facilitate agreements under the private finance initiative; and

(b)

one of the company’s objects is to enter into or facilitate agreements under the private finance initiativef1.

Annotations

Footnotes

f1

Companies formed or joined by governing bodies of maintained schools under section 11 of the 2002 Act to which these Regulations do not apply will be governed by separate regulations which have not been made at the date of the making of these Regulations.