Descriptor Clause No. Applied Not used Definitions of types of Academies 1 Yes Separate bank accounts 4.2A Yes Sufficient capacity and expertise to manage finances 4.3A Yes Provision of information relating to each PFI Academy 4.5B Yes
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Samples: www.wrightrobinson.co.uk
Descriptor Clause No. Applied Not used PFI Clauses Definitions of types of Academies 1 Yes yes Separate bank accounts 4.2A Yes yes Sufficient capacity and expertise to manage finances 4.3A Yes yes Provision of information relating to each PFI Academy 4.5B Yesyes Master FA December 2020 (v5) page 4 LEGAL\49168130v1
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Descriptor Clause No. Applied Not used PFI Clauses Definitions of types of Academies 1 Yes Separate bank accounts 4.2A Yes Sufficient capacity and expertise to manage finances 4.3A Yes Provision of information relating to each PFI Academy 4.5B 4.5A Yes Removed to reflect that the Funding Agreement has been executed and is to be amended and restated by a Deed of Variation Execution Clause Yes
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Samples: www.northworthytrust.org.uk
Descriptor Clause No. Applied Not used PFI Clauses Definitions of types of Academies 1 Yes Separate bank accounts 4.2A Yes Sufficient capacity and expertise to manage finances 4.3A Yes Provision of information relating to each PFI Academy 4.5B Yes
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Samples: www.pkat.co.uk