Part 2Further education bodies: insolvency etc
CHAPTER 4Further education bodies: special administration
Introduction to education administration
15Overview of Chapter
1
This Chapter creates a procedure to be known as education administration.
2
The main features of an education administration are that—
a
it can be used where a further education body is unable to pay its debts or is likely to become unable to pay its debts,
b
the court appoints an education administrator on the application of the appropriate national authority, and
c
the education administrator manages the body’s affairs, business and property with a view to avoiding or minimising disruption to the studies of existing students.