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Education Act 2011
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- UK Public General Acts
- 2011 c. 21
- SCHEDULE 12
- Paragraph 20
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Amendments to FHEA 1992
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20For section 33N substitute—
“33NProposals for dissolution of sixth form college corporations
(1)This section applies if a sixth form college corporation propose that the corporation should be dissolved.
(2)The corporation must publish details of the proposal, and such other information as may be prescribed, in accordance with regulations.
(3)The corporation must consult on the proposal, and take account of the views of those consulted, in accordance with regulations.
33ODissolution of sixth form college corporations
(1)This section and section 33P apply if, after complying with section 33N, a sixth form college corporation resolve that the corporation should be dissolved on a specified date.
(2)“The dissolution date” means the date specified in a resolution under subsection (1).
(3)The corporation must notify the Secretary of State of the resolution and the dissolution date as soon as reasonably practicable.
(4)The corporation are dissolved on the dissolution date.
33PDissolution of sixth form college corporations: transfer of property, rights and liabilities
(1)At any time before the dissolution date, the corporation may transfer any of their property, rights or liabilities to such person or body, or a person or body of such description, as may be prescribed, subject to subsection (4).
(2)The corporation may do so only with the consent of the person or body concerned.
(3)A transfer under subsection (1) has effect on the dissolution date.
(4)In the case of a sixth form college corporation to which section 33J applies, any property held by the corporation on trust for the purposes of the relevant sixth form college must be transferred to the trustees of the relevant sixth form college.
(5)Subsection (6) applies if a person or body prescribed, or of a description prescribed, under subsection (1) is not a charity established for charitable purposes which are exclusively educational purposes.
(6)Any property transferred to the person or body must be transferred on trust to be used for charitable purposes which are exclusively educational purposes.
(7)Subsection (6) does not apply to property transferred to the person or body by virtue of subsection (4).”
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