In order to operate a school, the new Academy Trust needs to formally take over the staff, assets and liabilities of the school from the Local Authority. A commercial transfer agreement (“CTA”) between the Local Authority, the Academy Trust and (in some cases) the old governing body, should be agreed at least a month before the conversion date.

The CTA should cover:

• Assets (excluding school land and buildings);

• School records;

• Transferring contracts (whether such contracts are specific to that school or a contract made by the local authority covering other schools in the area);

• Employees, pensions and the staffing information that is required under TUPE;

• Other rights and liabilities.

See details of our new CTA App, which enables you to instantly create a bespoke and legally valid commercial transfer agreement on-line.

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