Finances:
Objects:
(a) in or towards providing such special benefits of any kind not normally provided by the local education authority for the eligible schools or colleges set out in subclause (c) as may from time to time be agreed between the trustees and the governors of the eligible school or college.(b) in otherwise promoting the education of persons under the age of 25 years who are attending or have attended one of the eligible schools or colleges set out in subclause (c)(c) the eligible schools and colleges are those currently maintained by the local authority, those previously maintained by the local authority which have converted or may convert to academy status and any new additional schools, academies or colleges set up in the city of exeter which are publicly funded and are not fee-paying independent schools (as defined under s463 of the education act 1996).
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