20E+WThe Education Reform Act 1988 is amended as follows.
Commencement Information
I1Sch. 12 para. 20 in force at 1.4.2015 by S.I. 2015/841, art. 3(x)
21E+WIn section 124B, omit subsection (5) (duty of certain higher education corporations to consult Audit Commission before appointing auditor in respect of first financial year).
Commencement Information
I2Sch. 12 para. 21 in force at 1.4.2015 by S.I. 2015/841, art. 3(x)
22E+WIn paragraph 18 of Schedule 7 (higher education corporations)—
(a)omit sub-paragraph (4) (duty of certain higher education corporations to consult Audit Commission before appointing auditor in respect of first financial year),
(b)in sub-paragraph (5) for “that sub-paragraph” substitute “ sub-paragraph (3) above ”, and
(c)in sub-paragraph (6) omit the definitions of “the first financial year” and “financial year” and insert—
““financial year” means—
(a)the period commencing with the date on which the corporation is established and ending with the second 31st March following that date, and
(b)each successive period of twelve months.”
Commencement Information
I3Sch. 12 para. 22 in force at 1.4.2015 by S.I. 2015/841, art. 3(x)