Regulation 45 Transfer of property

(1)

On the date of dissolution—

(a)

all land or property which, immediately before the date of dissolution, was held by the governing body of the federation for the purposes of each de-federated school shall be transferred to, and by virtue of these Regulations vest in, the new governing body of each de-federated school incorporated under regulation 44, and

(b)

all rights and liabilities subsisting immediately before the date of dissolution which were acquired or incurred by the governing body of the federation for the purposes of each de-federated school shall be transferred to the new governing body of each de-federated school incorporated under regulation 44.

(2)

Section 198 of and Schedule 10 to the Education Reform Act 1988^f1 (which make provision in relation to transfers of property, rights and liabilities) shall apply in relation to transfers effected by this regulation as they apply in relation to transfers to which that section and Schedule apply.

Annotations

Footnotes

f1: 1988 c. 40.