§ 1.—(1) The Secretary of State may make a scheme in relation to land if these requirements are met—
- (a) a local education authority holds a freehold or leasehold interest in the land when the scheme is made;
- (b) at some time in the period of 5 years ending with the day on which this Act is passed the land was used wholly or mainly for the purposes of a county school or community school;
- (c) at the time the scheme is made the land is no longer used as mentioned in paragraph (b) or the Secretary of State thinks it is about to be no longer so used;
- (d) before making the scheme the Secretary of State consulted the authority.
§ (2) These requirements must be met as regards a scheme—
- (a) the scheme must provide for a transfer of the authority's interest in the land or in such part of it as is specified in the scheme;
- (b) the transfer must be to a person (the transferee) who is specified in the scheme and is concerned with the running of a city academy;
- (c) the transfer must be made to the transferee for the purposes of the city academy;
- (d) the scheme must provide for the transfer to the transferee of any right or liability held by the authority as holder of the interest in the land or specified part concerned.
§ (3) In sub-paragraph (2) the reference to a right or liability—
- (a) includes a reference to a right or liability as a trustee, but
- (b) excludes a reference to a liability in respect of the principal of or interest on a loan.
§ (4) A scheme may include such supplementary, incidental, consequential or transitional provisions as the Secretary of State thinks are appropriate.
§ (5) A scheme must be so expressed that it does not come into force while the land concerned is used as mentioned in sub-paragraph (1)(b).
§ (6) A scheme comes into force—
- (a) on the day it specifies for it to come into force, or
- (b) on the day it otherwise identifies as the day for it to come into force.
§ (7) When a scheme comes into force it has effect to transfer (in accordance with its provisions) the interests, rights and liabilities to which it applies.
§ (8) A transfer made by virtue of a scheme is binding on all persons (as well as on the authority and the transferee) even if, apart from this sub-paragraph, it would have required the consent or concurrence of any person.