In the European Commission's original proposal for the restructuring rules, there is no depositors preference.

WSJ: Brussels Beat: Another European Divide: Protecting the Depositors

The Conservatives counter by saying that the new schools would have to abide by the old admissions rules, with no interviewing of applicants and no preference for able students.

ECONOMIST: Transforming Britain's schools

Sadly, there are no hard and fast rules on this and it is really down to personal preference.

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