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That it be DETERMINED that:

(a)     
The Council
be authorised to enter into the
Commercial Transfer Agreement, in the form set out in Appendix 2, which takes into account the principle that risk
and liability does not transfer back to the Council and in respect
of which the funds and reserves to manage the risks/liabilities
will transfer to the Academy and consequently the Council should be
in no worse position because of the transfer.

(b)     
The Council
does not offer to pool with the Academy, in respect of the pension
fund liabilities in the Greater Manchester Pension Fund.

(c)     
the Assistant Director, Finance or their
nominated representative be authorized to execute any necessary
Greater Manchester Pension Fund for Transferee Admission Bodies
documentation.