Section 13 of the Academies Act 2010 bounces us to Schedule 1 of the same Act which gives us lots of legalese. The local government lawyer website explains,
"What are the implications for local authorities regarding Academy land transfer?
The Guidance sets out that where land is publically funded, the land will usually transfer to the Academy Trust by way of a 125-year lease from the local authority, as on existing Academy set ups. Whilst this will be the principal means of transfer, the DfE’s website does suggest that other means of transfer may be applicable but only in “special circumstances in individual cases”.
anticipate more points later ... keep an eye on the Guardian Data blog.