Part 1Further and higher education etc.

Funding of further and higher education etc.

12AF1Regional strategic bodies: administration of funds

1

A regional strategic body is, for the purposes of—

a

providing support (whether financial or otherwise) for the activities specified in subsection (3); and

b

exercising its other functions,

responsible for administering the funds mentioned in subsection (2).

2

The funds are—

a

all funds made available to it under section 12(1)(c); and

b

any other funds made available to it for those purposes.

3

The activities are—

a

the provision of fundable further education and fundable higher education by the regional strategic body's colleges;

b

the undertaking of research among those colleges;

c

the—

i

provision of such facilities; and

ii

carrying on of such other activities,

by those colleges or any other person as are necessary or desirable for the purposes of or in connection with an activity specified in paragraph (a) or (b);

d

the provision of services by those colleges or any other person for the purposes of or in connection with an activity specified in paragraph (a) or (b).