Publicly Funded Assets definition

Publicly Funded Assets means (a) assets or property funded wholly or partly using payments made by or on behalf of the Secretary of State, and (b) publicly funded land as defined in paragraph 22(3) of Schedule 1 to the Academies Act 2010.
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Publicly Funded Assets means (a) assets or property funded wholly or partlyusing payments made by or on behalf of the Secretary of State, and (b) publicly funded land as defined in paragraph 22(3) of Schedule 1 to the Academies Act 2010.
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Examples of Publicly Funded Assets in a sentence

  • Except as permitted in the Academies Financial Handbook, the Academy Trust must not borrow against Publicly Funded Assets, or so as to put Publicly Funded Assets at risk, without the Secretary of State’s consent.

  • FINANCIAL AND ACCOUNTING REQUIREMENTS 28 General 28 Application of the Academies Financial Handbook 29 Budgeting for funds 30 Carrying forward of funds 31 Annual accounts and audit 31 Keeping financial records 32 Access to financial records 32 Acquiring and disposing of Publicly Funded Assets 33 Retention of proceeds from the disposal of capital assets 33 Transactions outside the usual planned range 34 Borrowing 34 5.

  • FINANCIAL AND ACCOUNTING REQUIREMENTS 32 General 32 Application of the Academies Financial Handbook 33 Budgeting for funds 33 Carrying forward of funds 34 Annual accounts and audit 35 Keeping financial records 35 Access to financial records 36 Acquiring and disposing of Publicly Funded Assets 36 Retaining proceeds from the disposal of capital assets 37 Transactions outside the usual planned range 37 Borrowing 38 5.

  • Except as permitted in the Academies Financial Handbook, the Academy Trust must not borrow against Publicly Funded Assets, or so as to put Publicly Funded Assets at risk, without the Secretary of State's consent.

  • Next to this, many barriers exist in terms of actors hindering the transition and lowering the potential of renewable energy.

  • Robert Owen, (1771 - 1858) a British socialist and wealthy factory owner, introduced reforms in education and factory conditions to improve the quality of life of many (Miliband, 1954: 235).

  • In respect of Publicly Funded Assets, the Secure Academy Trust must obtain the Secretary of State’s consent before giving any guarantees, indemnities or letters of comfort (except as given in normal contractual relations), write off any debts or liabilities owed to it or offering to make any special payments (including ex gratia payments, staff severance and compensation payments) if the value of those transactions would be above any threshold specified in the Secure Schools Financial Handbook.

  • Managing Public Money Northern Ireland (MPMNI), and in particular, Annex 5.2 entitled ‘Protecting Public Instruments (Clawback)’, provides full guidance on the terms applicable to grants for the acquisition or improvement of assets and is available at: http://www.dfpni.gov.uk/index/finance/afmd/afmd-key-guidance/afmd-mpmni.htm Further advice is contained in DAO (DFP) 16/05 re Clawback: Disposal of Publicly Funded Assets.

  • FINANCIAL AND ACCOUNTING REQUIREMENTS 28 General 28 Application of the Academies Financial Handbook 29 Budgeting for funds 30 Carrying forward of funds 31 Annual accounts and audit 31 Keeping financial records 32 Access to financial records 32 Acquiring and disposing of Publicly Funded Assets 33 Retention of proceeds from the disposal of capital assets 33 34 Transactions outside the usual planned range Borrowing 34 5.

  • Acquiring and disposing of Publicly Funded Assets In relation to Publicly Funded Assets, the Academy Trust must not, without the Secretary of State's consent: acquire or dispose of freehold land; take up or grant a leasehold of land; dispose of any other class of capital assets except as permitted in the Academies Financial Handbook, and subject to Part 3 of Schedule 1 to the Academies Act 2010.

Related to Publicly Funded Assets

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Performing Non-Cash Pay Mezzanine Investments means Performing Mezzanine Investments other than Performing Cash Pay Mezzanine Investments.

  • Real Estate Investment Trust means any Person that qualifies as a real estate investment trust under Sections 856 through 860 of the Code.

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Prior Period Investments means investments made in a previous evaluation period that are outstanding as of the examination date.