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The School Companies Regulations 2002
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- 2002 No. 2978
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PART 2 Restrictions on School Companies
5.Persons who may be admitted to membership of School Companies
6.Restriction on entering into contracts in which a director of the company has an interest
7.Procedure in meetings of the directors if a director has an interest in a matter to be discussed
9.Procedure for deciding remuneration and benefits of directors
10.Application of any surplus or profits of a school company
13.Circumstances where a governing body must withdraw from a school company
PART 3 Seeking Consent to Become a Member of a School Company
PART 4 The Supervising Authority for a School Company
17.Designation of a supervising authority by a school company
18.Designation of a supervising authority by the relevant local education authorities
19.Designation of a supervising authority by the Secretary of State
20.Written notice required when the Secretary of State revokes the designation of a supervising authority
22.Circumstances in which the supervising authority must resign
24.Notification required if a company ceases to be a school company
28.Duty of a school company to provide information and accounts to its supervising authority
30.Circumstances where a supervising authority must direct a governing body
31.Procedures relating to directions from a supervising authority
32.Direction to a governing body to reduce its involvement in the management of a school company
33.Direction to a governing body to resign from a school company
34.Notification and revocation of a direction to a governing body
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