The Academy Conversions (Transfer of School Surpluses) Regulations 2010

• Citation: S.I. 2010/1938
• Sections: 5

Section 1 Citation, commencement and application

(1) These Regulations may be cited as the Academy Conversions (Transfer of School Surpluses) Regulations 2010 and come into force on 1st September 2010.

(2) They apply in relation to any maintained school in England in respect of which an Academy order has effect where the order was made under section 4(1)(a) of the Academies Act 2010 (Academy order following application by school).

Section 2 Interpretation

In these Regulations—

“ the Act ” means the Academies Act 2010;

“the proprietor” means the proprietor of the Academy.

Section 3 Determination of school surplus

The local authority must inform the proprietor of the determinations made by them under section 7(2) of the Act within three months, beginning with the conversion date.

Section 4 Review of local authority determination

(1) A proprietor who disagrees with any determination made by the local authority under section 7(2) of the Act may apply to the Secretary of State for a review of that determination within one month, beginning with the date on which the proprietor is informed of that determination.

(2) An application for a review under paragraph (1) must include the proprietor’s reasons for making it.

(3) The proprietor must provide the local authority with a copy of any application made under paragraph (1) within one week, beginning with the date on which the application is made.

(4) Within three months, beginning with the date on which an application is received under paragraph (1), the Secretary of State must—

(a) review the determination made by the local authority,

(b) confirm that determination or substitute the Secretary of State’s own determination, and

(c) inform the proprietor and the local authority of the outcome of the review.

Section 5 Payment of school surplus

(1) Subject to paragraph (2), the authority must pay to the proprietor the amount of any surplus determined under section 7(2) of the Act within one month, beginning with the earlier of the following dates—

(a) the date on which the proprietor informs the local authority that the proprietor agrees with their determination; or

(b) the date on which the period specified in regulation 4(1) (period within which proprietor may apply for review) ends.

(2) If the proprietor applies for a review under regulation 4(1), the local authority must pay to the proprietor the amount of any surplus determined under section 7(2) of the Act or by the Secretary of State under regulation 4(4)(b), as the case may be, within one month, beginning with the date on which the authority is informed of the outcome of the review.