Schedule 4: The Chief Executive of Skills Funding
240.Paragraph 1 provides that the holder of the office of Chief Executive will exercise the functions of the office on behalf of the Crown. It also provides that the office itself will be a corporation sole, so that any contracts entered into, or property owned by, the Chief Executive will pass automatically from one holder of the office to the next. Paragraph 2 sets out how the Chief Executive will hold and vacate office, and provides that the holder of the office will be a civil servant. Paragraphs 3 to 5 contain provision about the staff of the Chief Executive, who will form the Skills Funding Agency. These staff may either be staff appointed by the Chief Executive under paragraph 3, or staff provided by the Secretary of State to the Chief Executive under secondment arrangements under paragraph 5 and will in either case be civil servants. Paragraph 4 makes arrangements whereby the Chief Executive may delegate the functions of the office to members of the Chief Executive’s staff and to staff provided by the Secretary of State under paragraph 5. Paragraphs 6 to 8 make provision for operational matters such as funding, including the payment of grants to the Chief Executive and how these must be accounted for, and the preparation and publication of annual reports and accounts.
241.Paragraph 9 sets out provision for supplementary powers and restrictions, and gives the Chief Executive additional general powers to enable him or her to perform the functions of the office. For example, these powers would allow the Chief Executive to acquire and dispose of land and other property, and enter into contracts. It also sets out those things that the Chief Executive may not do. So the Chief Executive may not borrow money and may not, without the prior consent of the Secretary of State, lend money; form, participate or invest in a company; or form, participate in forming, or become a member of a charitable incorporated organisation.