15Power to make arrangements for development of restricted priority qualification
(1)Qualifications Wales may enter into arrangements with an awarding body the effect of which is to provide for the body to develop a new form of a restricted priority qualification, with a view to the prospective approval of that form of the qualification under section 16.
(2)The arrangements may make provision about, among other things—
(a)criteria to be met by the form of the qualification to be developed;
(b)payments to be made by Qualifications Wales in respect of its development.
(3)Qualifications Wales must prepare a scheme making provision about the making of arrangements under this section.
(4)Qualifications Wales must exercise its functions in accordance with the scheme.
(5)The scheme must provide for a procedure that is open, fair and transparent.
(6)Qualifications Wales may revise the scheme.
(7)The scheme must be published by Qualifications Wales.