Department For Education
Details
This guidance is for:
- local authorities
- school leaders
- school staff
- governing bodies
It explains what happens if a school has a budget surplus or deficit when it becomes an academy and is no longer maintained by the local authority.
This guidance relates to the Academies Act 2010 and the Academy Conversions (Transfer of School Surpluses) Regulations 2013.
Read more guidance for schools on converting to academy status.