Further and Higher Education (Governance and Information) (Wales) Act 2014
| Jurisdiction | Wales |
| Citation | 2014 anaw 1 |
| Year | 2014 |
(a) subsection (4A) (power in subsection (4) (bb) to form, participate in forming or invest in company not to be exercised by further education corporation in Wales for conducting, or investing in company conducting, educational institution) ,(b) subsection (4AA) (power in subsection (4) (bc) to form, participate in forming or otherwise becoming member of charitable incorporated organisation not to be exercised by further education corporation in Wales for conducting, or becoming member of charitable incorporated organisation conducting, educational institution) ,(c) subsection (4AB) (power of Welsh Ministers to consent to exercise of power not complying with restriction in subsection (4A) or (4AA) ) ,(d) subsection (4B) (powers in subsection (4) (bb) and (bc) not to be exercised by further education corporation in Wales for provision of education funded by Welsh Ministers under Learning and Skills Act 2000) ,(e) subsection (4C) (subsection (4B) not to apply if Welsh Ministers consent to exercise of powers) , and(f) subsection (5) (power in subsection (4) (c) to borrow not to be exercised by further education corporation in Wales without consent of Welsh Ministers) .(1) In section 20 of the Further and Higher Education Act 1992 (constitution of corporation and conduct of the institution) , for subsections (2) and (2A) substitute—For sections 27 to 27C of the Further and Higher Education Act 1992 substitute— This section applies if a further education corporation propose that the corporation should be dissolved.details of the proposal, andsuch other information as may be prescribed by regulations made by the appropriate authority.The publication is to be in accordance with regulations made by the appropriate authority.The corporation must consult on the proposal, and take account of the views of those consulted, in accordance with regulations made by the appropriate authority.in relation to a further education corporation in England, the Secretary of State, andin relation to a further education corporation in Wales, the Welsh Ministers.This section and section 27B apply if, after complying with section 27, a further education corporation resolve that the corporation should be dissolved on a specified date.“The dissolution date” means the date specified in a resolution under subsection (1) .The corporation must notify the appropriate authority of the resolution and the dissolution date as soon as reasonably practicable.The corporation are dissolved on the dissolution date.In this section, “the appropriate authority” has the meaning given in section 27.At any time before the dissolution date, the corporation may transfer any of their property, rights or liabilities to such person or body, or a person or body of such description, as may be prescribed by regulations made by the appropriate authority.The corporation may do so only with the consent of the person or body concerned.A transfer under subsection (1) has effect on the dissolution date.Subsection (5) applies if a person or body prescribed, or of a description prescribed, under subsection (1) is not a charity established for charitable purposes which are exclusively educational purposes.Any property transferred to the person or body must be transferred on trust to be used for charitable purposes which are exclusively educational purposes.In this section, “the appropriate authority” has the meaning given in section 27.in subsection (1) the words “and (if the institution is in Wales) subsection (6) ”,subsection (6) , andin the heading “: England and Wales”.(2) For sections 29B and 29C of that Act substitute—
- “(2) Instruments of government and articles of government of further education corporations—
- (a) must comply with the requirements of Schedule 4, and
- (b) subject to that, may make such other provision as may be necessary or desirable.
- “(1) This section applies if a further education corporation propose that the corporation should be dissolved.
- (2) The corporation must publish—
- (a) details of the proposal, and
- (b) such other information as may be prescribed by regulations made by the appropriate authority.
- “(1) This section applies to a designated institution to which section 29 applies.
- (2) The governing body of the institution may modify or replace its instrument of government and articles of government.
- (3) If the institution is in Wales and is an institution to which section 30 applies, the governing body may do any of the things mentioned in subsection (2) only with the consent of the trustees of the institution.
- (4) The instrument of government and articles of government (as modified or replaced) —
- (a) must comply with the requirements of Schedule 4, and
- (b) subject to that, may make such other provision as may be necessary or desirable.
- —
- (a)
- , and
- (b) a direction requiring a governing body to make a resolution under section 27A(1) for the body to be dissolved on a date specified in the direction.
- “(5B) A governing body to which a direction such as...
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