SCHEDULES

SCHEDULE 14Academies: land

Other amendments

I120

1

Section 12 of AA 2010 (charitable status of Academy proprietors etc) is amended as follows.

2

After subsection (1) insert—

1A

In the definition of “trust corporation” in the provisions listed in subsection (1B), the reference to a corporation appointed by the court in any particular case to be a trustee includes a reference to a qualifying Academy proprietor.

1B

The provisions are—

a

section 117(1)(xxx) of the Settled Land Act 1925;

b

paragraph (18) of section 68(1) of the Trustee Act 1925;

c

section 205(1)(xxviii) of the Law of Property Act 1925;

d

section 55(1)(xxvi) of the Administration of Estates Act 1925;

e

section 128 of the Senior Courts Act 1981.

3

In the heading, after “charitable” insert “ and trust corporation ”.