Decision details

• Notes the negotiations held with Solicitors acting on behalf of United Learning Trust (“ULT”), DfE, The Gorse Academies Trust (“TGAT”) and Investors in the Communities (Leeds Schools) Limited (“ICL”);
• Gives authority for the following agreements to be executed and completed to enable the Academy to transfer on the 1st September 2021 (or such later date advised by DfE);
o Deed of Novation and Variation of the Commercial Transfer Agreement between LCC, UTL and TGAT;
o Deed of Novation and Variation of the Principal Agreement between LCC, DfE, UTL and TGAT;
o Deed of Novation and Variation of the School Agreement between LCC, UTL and TGAT;
together with any other documentation required to complete the transfer;
• Notes that ICL will note TGAT on project insurances from the transfer date; and
• Gives authority for any other necessary action to be taken to effect the
transfer.