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Paragraph 23 Third parties affected by vesting provisions

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In this Schedule—

  • “relevant purposes” means—

    1. (a)

      in relation to a transfer to a school’s foundation body, the purposes of the schools comprising the group for which the body acts; or

    2. (b)

      in relation to a transfer to a school’s governing body, the purposes of the school;

  • “transferor” and “transferee” mean the transferor and transferee under any transfer to which this Schedule applies;

  • “trustees of the school” means any person (other than the governing body) holding property on trust for the purposes of the school.