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When community schools convert to academies, the freehold is retained by the local authority and a lease is granted to the academy trust. In some circumstances, where the school governors or supporting foundation already hold the freehold, my Rt hon. Friend, the Secretary of State for Education, may allow publicly-funded school land to be transferred to an academy trust, which will have satisfied the Secretary of State as to its ability to operate a state-funded school.<\/p>
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There are strict rules protecting publicly funded land used by academies, regardless of who holds the freehold. This is set out in published guidance, which is available online:<\/p>