We have published the Academy Trust Handbook 2022 which comes into effect on 1 September 2022 – as a PDF available to download.
We have summarised the changes to the 2022 edition on page 8 of the PDF.
This includes new information about:
- financial reporting: confirming the withdrawal of the budget forecast return outturn (BFRO)
- special payments: clarifying that prior approval of staff severance payments only applies to ‘special’ (non-statutory/non-contractual) payments
- indemnities: confirming that trusts will be able to enter into indemnities which are in the normal course of business without seeking approval (further guidance to follow)
- religious character: extending the scope from dioceses to all religious authorities in relation to ‘at cost’
