[Part 3 Land Held for the Purposes of an Academy]
Academies Act 2010 (2010 c 32) | Legislation

[Part 3 Land Held for the Purposes of an Academy]

[Notice in relation to certain land held for the purposes of an Academy

14

(1)     This paragraph applies to land—

(a)     that is held for the purposes of an Academy, and

(b)     that has been acquired or enhanced in value wholly or partly by payments made by or on behalf of—

(i)     a local authority, or

(ii)     the Secretary of State.

This is subject to sub-paragraph (2).

(2)     If a leasehold interest in land is held for the purposes of a new Academy, this paragraph does not apply to—

(a)     that or any other leasehold interest in the land, or

(b)     a freehold interest in the land.

(3)     An Academy is a new Academy for the purposes of sub-paragraph (2) if, by virtue of section 9(1)(a) (new educational institutions), the duty in section 9(2) (impact on other schools etc) applied when the Secretary of State was deciding whether to enter into Academy arrangements in relation to it.

(4)     In the case of land to which this paragraph applies that has been acquired or enhanced in value wholly or partly by payments made by

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