Section 52– Statement in respect of intervention functions
143.Section 52 requires HEFCW to prepare and publish a statement which sets out how they propose to exercise certain of their functions. Those functions are described in section 52(5). Section 52(5) does not extend to HEFCW’s powers of direction under sections 16, 21 or 35 which concern a governing body’s duty to co-operate.
144.Section 52(3) requires HEFCW to consult the governing body of each regulated institution and any other persons they think appropriate before publishing the statement or revising the statement. Those other persons might include institutions which have previously been, but which no longer are, regulated institutions.