3.12A Only applies to academies which form part of a PFI arrangement 3.30A Only applies to academies which form part of a PFI arrangement 3.30B Only applies to academies which form part of a PFI arrangement 3.32A Only applies to academies which form part of a PFI arrangement 6.1(d) - (k) Only applies to academies which form part of a PFI arrangement Add the following as new clauses 1.3A and 1.3B 1.3A As part of the Academy Trust's conversion to academy status, the Academy Trust shall enter into the School Agreement, the Principal Agreement [and the Lease]. 1.3B The Academy Trust must conduct the Academy within the terms and requirements of the School Agreement, the Principal Agreement [and the Lease]. Add the following expressions to clause 1.4 in the appropriate alphabetical order "Academy Trust Insolvency Notice" - clause 3.32A.4; "Critical Years" - clause 3.32A.3; "Current Funding" - clause 3.32A.3; "PFI EAG Refusal" - clause 3.32A.3; "Shortfall" - clause 3.32A.7. "Insolvency" has the meaning given to it in section 123 of the Insolvency Act 1986; ["Lease" has the meaning given to it in clause 5 of this Agreement;]
3.12A Only applies to academies which form part of a PFI arrangement 3.30A Only applies to academies which form part of a PFI arrangement 3.30B Only applies to academies which form part of a PFI arrangement 3.32A Only applies to academies which form part of a PFI arrangement 6.1(d) - (k) Only applies to academies which form part of a PFI arrangement Add the following as new clauses 1.3A and 1.3B 1.3A As part of the Academy Trust's conversion to academy status, the Academy Trust shall enter into the School Agreement, the Principal Agreement [and the Lease]. 1.3B The Academy Trust must conduct the Academy within the terms and requirements of the School Agreement, the Principal Agreement [and the Lease]. Add the following expressions to clause 1.4 in the appropriate alphabetical order "Academy Trust Insolvency Notice" - clause 3.32A.4; "Critical Years" - clause 3.32A.3; "Current Funding" - clause 3.32A.3; "PFI EAG Refusal" - clause 3.32A.3; "Shortfall" - clause 3.32A.7. "Insolvency" has the meaning given to it in section 123 of the Insolvency Act 1986; ["Lease" has the meaning given to it in clause 5 of this Agreement;]
PFI_amends_to_single_funding_agreement_mainstream_-_June_2014.docx