2(1)A body is suitable to exercise the assessment functions if the body satisfies the conditions in sub-paragraph (2).
(2)The conditions are—
(a)that the body is capable of exercising the assessment functions in an effective manner,
(b)the persons who determine the strategic priorities of the body represent a broad range of registered providers providing higher education,
(c)the body commands the confidence of registered providers providing higher education,
(d)the body exercises its functions independent of any particular higher education provider, and
(e)the body consents to being designated under this Schedule.