Academies established under the Education Act 1996: negotiating the transfer agreement between the Academy Trust and Local Authority
A note considering the commercial issues that arise when negotiating the transfer agreement with the local authority on the establishment of an Academy under section 482 of the Education Act 1996, the previous government's Academy Delivery Programme.
Note added: Section 482 has been repealed by the Education Act 2011, Schedule 14 paragraph 16 with effect from 1 February 2012. Under section 15 of the Academies Act 2010, the 1996 Education Act Academy agreements will be treated as academy arrangements under the Academies Act 2010 and Academies created under the EA 1996 may turn into 2010 Act Academies if they so agree.
For information on Academies under the Academies Act 2010, see Practice notes, Academies under the Academies Act 2010: overview, Academies under the Academies Act 2010: the commercial transfer agreement, Academies under the Academies Act 2010: property issues andAcademies under the Academies Act 2010: an overview of the funding agreement.