SCHEDULE 1FOUNDATION PROPOSALS

PART 2Publication, determination and implementation of foundation proposals

Consideration and determination of proposals by the governing body or adjudicator14

1

Where proposals have been referred to the adjudicator for determination pursuant to paragraphs 8 or 15, the adjudicator may—

a

reject the proposals;

b

approve the proposals without modifications; or

c

approve the proposals with such modifications as the adjudicator thinks desirable, having consulted the governing body (unless they proposed the modifications).

2

Where proposals are approved by the adjudicator (whether with or without modifications), the approval may be conditional on the occurrence of an event prescribed in paragraph 16.