PART 3

SECURING AND FUNDING TERTIARY EDUCATION AND RESEARCH

Commission’s funding policy

Policy on funding powers
87
1
The Commission must publish a statement of its policy on how it intends to exercise its funding powers.
2
In preparing the statement, the Commission must have regard to the principle that decisions about the provision or securing of financial resources should be made in a way that is transparent.
3
The Commission must keep the statement under review and may revise it.
4
Before publishing the statement or a revised statement, the Commission must consult such persons as it considers appropriate.
5
The Commission’s funding powers are its powers to provide or secure financial resources under sections 88, 89, 97, 101, 103, 104 and 105.
S. 87 not in force at Royal Assent, see s. 148(2)
S. 87(1)(5) in force at 4.9.2023 for specified purposes by S.I. 2023/919, art. 3(ee)
S. 87(2) in force at 4.9.2023 by S.I. 2023/919, art. 2(o)
S. 87(1) in force at 5.4.2025 in so far as not already in force by S.I. 2025/432, art. 2(gg)
S. 87(5) in force at 5.4.2025 for specified purposes by S.I. 2025/432, art. 3(b)
S. 87(3)(4) in force at 5.4.2025 by S.I. 2025/432, art. 2(gg)
S. 87(5) in force at 1.9.2025 for specified purposes by S.I. 2025/966, art. 3