Section 49 – Duty to take Welsh Ministers’ guidance into account
138.The Welsh Ministers may issue guidance to HEFCW relating to the exercise of HEFCW’s functions under the Act. For instance, the Welsh Ministers might issue guidance to HEFCW as to the exercise of their monitoring and evaluation functions under section 15 relating to fee and access plans, or in relation to their duty under section 17 (assessment of quality of education). Similarly, the Welsh Ministers might issue guidance to HEFCW in connection with the preparation of the financial management Code or the statement of intervention policy (see section 52).