Multi-academy Trusts - Question

Part of the debate – in the House of Lords at 3:14 pm on 10th July 2019.

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Photo of Baroness Garden of Frognal Baroness Garden of Frognal Deputy Chairman of Committees, Deputy Speaker (Lords) 3:14 pm, 10th July 2019

My Lords, is it the case that every academy in a multi-academy trust is audited? If not, why not? If so, what would the repercussions on the trust be if one of the academies failed the audit?