[Part 4 General]
Academies Act 2010 (2010 c 32) | Legislation

[Part 4 General]

[Directions under this Schedule: general

18

(1)     Where a transfer pursuant to a direction under this Schedule relates to registered land, it is the duty of the transferor—

(a)     to execute any such instrument under the Land Registration Act 2002,

(b)     to deliver any such certificate under that Act, and

(c)     to do such other things under that Act,

as the transferor would be required to execute, deliver or do in the case of a transfer by agreement between the transferor and the transferee.

(2)     A direction under this Schedule may include such incidental, consequential, supplemental and transitional provision as the Secretary of State thinks is appropriate for giving it full effect.

Disapplication of rule against perpetuities

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(1)     Where—

(a)     land is transferred for no consideration for the purposes of an Academy, and

(b)     the person who transferred the land is granted an option to make a re-acquisition of the land (subject to whatever conditions),

the rule against perpetuities does not apply to the option.

(2)     Sub-paragraph (1) does not apply to an option granted before 26 July 2002.

Disapplication of other Acts

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(1)

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