Page 6 - Trust Master Funding Agreement

Definitions of types of Academies:
An “Academy” is a school or educational institution established and run in accordance with the Academies Act 2010, and where this Agreement refers collectively to “Academies” run by the Academy Trust, this may include any of the following types of school or educational institution:
A “Free School” means an Academy which is a new educational institution within the meaning of section 9(1)(a) of the Academies Act 2010.
A “Mainstream Academy” means an Academy or a Free School which meets the requirements set out in section 1A(1) of the Academies Act 2010.
An “Alternative Provision Academy” means an Academy or a Free School which meets the requirements set out in section 1C(1) of the Academies Act 2010.
A “Special Academy” means an Academy or a Free School which meets the criteria set out in section 1A(2) of the Academies Act 2010.
A “Sponsored Academy” will be (unless otherwise stated) a Mainstream Academy which is established pursuant to an Academy Order under section 4 of the Academies Act 2010, which will be designated as a Sponsored Academy within the Supplemental Agreement applicable to that Academy, and as such certain conditions may apply to it.
“Studio School” means a type of Free School, principally for pupils and students aged between 14 and 19, which places an emphasis on such pupils and students obtaining employability skills through project-based learning.
“University Technical College” means a type of Free School, principally for pupils and students aged between 14 and 19, which provides technical education with the emphasis on a particular industry or scientific sector.
A “16-19 Academy” means an Academy or a Free School which meets the requirements set out in section 1B(1) of the Academies Act 2010.
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