The Education (Modification of Instruments Relating to Voluntary Schools) Regulations 1999
These Regulations apply in the following circumstances to a voluntary school, or a grant-maintained school which was formerly a voluntary school, which becomes a foundation school. The circumstances are that there is provision in an instrument relating to any land originally held for the purposes of the voluntary school conferring on any person an option to acquire an interest in that land, or providing for the determination or forfeiture of an interest in that land, if the school ceases to be a voluntary school or ceases to be either a grant-maintained school or a voluntary school. This latter would be the case if section 303 of the Education Act 1996 (c. 56) has applied in respect of the school. In those circumstances the event referred to becomes instead a reference to the school ceasing to be a school which is either a foundation school or a voluntary school.