Annal Nayyar sponsoring not for profit

The June 2013 handbook explained that the supply of goods and services by a sponsor to their academy trust must exclude any element of profit. Following further discussion with Ministers over the summer, the Department has developed the policy to cover a range of connected parties including members, trustees and bodies related to them, as well as sponsors. It outlines the ‘at cost’ basis of the policy and introduces additional safeguards such as open book agreements

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