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(1)The Secretary of State may by regulations provide for a levy to be payable to the relevant Authority by persons who award vocational qualifications accredited by that Authority.
(2)Regulations under this section shall—
(a)specify the rate of the levy or the method by which it is to be calculated (and, without prejudice to the generality of section 54(3), may make different provision in relation to different cases);
(b)make provision as to the times when, and the manner in which, payments are to be made in respect of the levy;
(c)provide for the relevant Authority to withdraw their accreditation of a qualification in cases of non-payment of the levy.
(3)Any sums received by the relevant Authority in respect of the levy shall be applied by them in giving such financial assistance to other bodies as the Secretary of State may specify with a view to assisting that Authority to secure the development and improvement of standards in relation to vocational qualifications.
(4)In this section “the relevant Authority” means—
(a)the Qualifications and Curriculum Authority in the case of a qualification accredited by that Authority; and
(b)the Qualifications, Curriculum and Assessment Authority for Wales in the case of a qualification accredited by that Authority.
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