The Academy Trust is a company limited by guarantee incorporated in England and Wales with company number [●]. The Academy Trust is a charity and its directors are the Charity Trustees of the Academy Trust. In order for the Academy Trust to establish and run an educational institution in England, according to the provisions of the Academies Act 2010, to be known as [NAME] (the and in order for the Secretary of State to “Academy”), make payments to the Academy Trust, the Academy Trust must meet the requirements in this Agreement. In this Agreement these capitalised words and expressions will have the following meanings: Financial Handbook” means the document with that title published by “Academies the ESFA and amended from time to time, on behalf of the Secretary of State. Financial Year” means the year from 1 September to 31 August, or a “Academy different period notified in writing by the Secretary of State. the Academy Trust’s articles of association. “Articles” Day” means any day other than a Saturday, Sunday, Christmas Day, “Business Good Friday or any day which is a bank holiday with the meaning given to that expression in the Banking and Financial Dealings Act 1971. organisations” means organisations referred to as such by Ofqual. “Awarding Trustees” the directors of the Academy Trust, who are responsible for “Charity the general control and management of the administration of the Academy Trust. Inspector” means Her Majesty’s Chief Inspector of Education, Children’s “Chief Services and Skills. the power of an organisation or individual (‘A’) to ensure that the “Control” affairs of another organisation are conducted in accordance with A’s wishes, whether through share ownership or voting power, by agreement, because of powers conferred by articles of association or any other document, or otherwise; and will be construed accordingly. “Controls”
The Academy Trust is a company limited by guarantee incorporated in England and Wales with company number [●]. The Academy Trust is a charity and its directors are the Charity Trustees of the Academy Trust. In order for the Academy Trust to establish and run an educational institution in England, according to the provisions of the Academies Act 2010, to be known as [NAME] (the “Academy”), and in order for the Secretary of State to make payments to the Academy Trust, the Academy Trust must meet the requirements in this Agreement. In this Agreement these capitalised words and expressions will have the following meanings: “Academies Financial Handbook” means the document with that title published by the ESFA and amended from time to time, on behalf of the Secretary of State. “Academy Financial Year” means the year from 1 September to 31 August, or a different period notified in writing by the Secretary of State. “Articles” the Academy Trust’s articles of association. “Business Day” means any day other than a Saturday, Sunday, Christmas Day, Good Friday or any day which is a bank holiday with the meaning given to that expression in the Banking and Financial Dealings Act 1971. “Awarding organisations” means organisations referred to as such by Ofqual. “Charity Trustees” the directors of the Academy Trust, who are responsible for the general control and management of the administration of the Academy Trust. “Chief Inspector” means Her Majesty’s Chief Inspector of Education, Children’s Services and Skills. “Control” the power of an organisation or individual (‘A’) to ensure that the affairs of another organisation are conducted in accordance with A’s wishes, whether through share ownership or voting power, by agreement, because of powers conferred by articles of association or any other document, or otherwise; and “Controls” will be construed accordingly.
16to19_Single_V2_March18.docx