Who holds the land and buildings in a Trust school?
Jack Hunt is a Foundation school and the Governing Body holds the land and buildings in trust. If the school becomes a Trust school the land and buildings will remain in Trust with the Governing Body until such time that the PFI contract ends at which time the land and assets will transfer to the Trust to be held for the duration of its relationship with the school. The Trust does not have to pay for the land and assets. What is the purpose of the Trust holding the school’s land? It establishes the long-term relationship between the school and the Trust providing the basis for the Trust to support the school in developing provision for its pupils. Does this mean that the Trust is responsible for the day-to-day running of the school’s land and buildings? No. The Governing Body will have day-to-day control over the school’s premises in the way that all Governing Bodies do. How does becoming a Trust school affect capital funding? As a Trust school Jack Hunt will continue to receive capita
Related Questions
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- Who holds the land and assets in a Trust school?
