Regulation 5 Persons who may be admitted to membership of School Companies
The constitution of a school company must provide that the company must not admit to its membership any person who is not listed in paragraph (2) below.
The following persons may be members of a school company–
the governing body of a maintained school;
a local authority in England;
the proprietor of an independent school or the governing body of an independent school (if the governing body has legal personality), which provides full-time education for five or more pupils of compulsory school age;
a company which has as a significant proportion of its business the provision of education or educational or ancillary services or goods;
the governing body of a further or higher education institution (within the meaning of section 90(1) of the Further and Higher Education Act 1992) if it has legal personality;
any individual who is not excluded by Schedule 1.