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(1)Section 19 of FHEA 1992 (supplementary powers of a further education corporation) is amended as set out in subsections (2) to (6).
(2)In subsection (4), for paragraph (bb), substitute—
“(bb)form, participate in forming or invest in a company,
(bc)form, participate in forming or otherwise become a member of a charitable incorporated organisation (within the meaning of section 69A of the Charities Act 1993),”.
F1(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6)At the end, insert—
“(8)A reference in this section to investing in a company includes a reference to becoming a member of the company and to investing in it by the acquisition of any assets, securities or rights or otherwise.”
(7)In relation to the period beginning on 1st April 2001 and ending immediately before the coming into force of this section, the power conferred by section 19(4)(bb) of FHEA 1992 is to be taken to have included power to form, participate in forming or become a member of a company limited by guarantee.
Textual Amendments
F1S. 21(3)-(5) omitted (1.9.2014) by virtue of Further and Higher Education (Governance and Information) (Wales) Act 2014 (anaw 1), s. 11(2), Sch. 2 para. 4(b); S.I. 2014/1706, art. 3(h)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F2S. 22 omitted (1.9.2014) by virtue of Further and Higher Education (Governance and Information) (Wales) Act 2014 (anaw 1), s. 11(2), Sch. 2 para. 4(c); S.I. 2014/1706, art. 3(h)
Commencement Information
I1S. 22 in force at 23.12.2007 for E. by S.I. 2007/3505, art. 2(d)
(1)Section 137 of the Education Act 2002 (c. 32) (power of Secretary of State or Welsh Ministers to make regulations requiring principals of further education institutions to have specified qualifications) is amended as follows.
(2)After subsection (2) insert—
“(2A)Regulations under subsection (1) may limit the period of time during which a person may serve as the principal of an institution in reliance on subsection (2).”
(3)In subsection (3) (regulations made for England or Wales not to apply to persons already appointed to institutions)—
(a)for “under subsection (1)” substitute “ made under subsection (1) by the Welsh Ministers in relation to Wales ”, and
(b)after “an institution” insert “ in England or Wales ”.
Commencement Information
I2S. 23 in force at 23.12.2007 for E. by S.I. 2007/3505, art. 2(d)