<akomaNtoso xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xsi:schemaLocation="http://docs.oasis-open.org/legaldocml/ns/akn/3.0 http://docs.oasis-open.org/legaldocml/akn-core/v1.0/cos01/part2-specs/schemas/akomantoso30.xsd"><act name="asp"><meta><identification source="#"><FRBRWork><FRBRthis value="http://www.legislation.gov.uk/id/asp/2026/5"/><FRBRuri value="http://www.legislation.gov.uk/id/asp/2026/5"/><FRBRdate date="2026-03-11" name="enacted"/><FRBRauthor href="http://www.legislation.gov.uk/id/legislature/ScottishParliament"/><FRBRcountry value="GB-SCT"/><FRBRnumber value="5"/><FRBRname value="2026 asp 5"/><FRBRprescriptive value="true"/></FRBRWork><FRBRExpression><FRBRthis value="http://www.legislation.gov.uk/asp/2026/5/2026-03-12"/><FRBRuri 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refersTo="#"/></temporalGroup></temporalData><references source="#"><TLCEvent eId="enactment" href="" showAs="EnactmentDate"/><TLCLocation eId="extent-s" href="/ontology/jurisdictions/uk.Scotland" showAs="S"/><TLCConcept eId="status-prospective" href="" showAs="Prospective"/><TLCTerm eId="term-colleges-of-further-education" href="/ontology/term/uk.colleges-of-further-education" showAs="colleges of further education"/><TLCTerm eId="term-fundable-further-education" href="/ontology/term/uk.fundable-further-education" showAs="fundable further education"/></references><notes source="#"><note ukl:Name="Commentary" ukl:Type="I" class="commentary I" eId="key-5564b13827603dcbe63777f03db79f32" marker="I1"><p>S. 4  not in force at Royal Assent, see <ref eId="ne155a7fa7ca1a69f" class="subref operative" href="http://www.legislation.gov.uk/id/asp/2026/5/section/39/2">s. 39(2)</ref></p></note></notes><proprietary xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" source="#"><dc:identifier>http://www.legislation.gov.uk/asp/2026/5/section/4</dc:identifier><dc:title>Tertiary Education and Training (Funding and Governance) (Scotland) Act 2026</dc:title><dc:language>en</dc:language><dc:publisher>Statute Law Database</dc:publisher><dc:modified>2026-04-28</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2026-03-12</dct:valid><ukm:PrimaryMetadata><ukm:DocumentClassification><ukm:DocumentCategory Value="primary"/><ukm:DocumentMainType Value="ScottishAct"/><ukm:DocumentStatus Value="revised"/></ukm:DocumentClassification><ukm:Year Value="2026"/><ukm:Number Value="5"/><ukm:EnactmentDate Date="2026-03-11"/><ukm:ISBN Value="9780105904496"/></ukm:PrimaryMetadata><ukm:Notes><ukm:Note IdURI="http://www.legislation.gov.uk/id/asp/2026/5/section/4/notes" DocumentURI="http://www.legislation.gov.uk/asp/2026/5/section/4/notes"/><ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/asp/2026/5/pdfs/aspen_20260005_en.pdf" Date="2026-04-14" Title="Explanatory Note" Size="823676"/></ukm:Alternatives></ukm:Notes><ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/asp/2026/5/pdfs/asp_20260005_en.pdf" Date="2026-03-11" Size="1373032" Print="true"/></ukm:Alternatives><ukm:Statistics><ukm:TotalParagraphs Value="62"/><ukm:BodyParagraphs Value="62"/><ukm:ScheduleParagraphs Value="0"/><ukm:AttachmentParagraphs Value="0"/><ukm:TotalImages Value="0"/></ukm:Statistics></proprietary></meta><body eId="body"><part eId="part-2"><num>Part 2</num><heading>Functions of the Scottish Further and Higher Education Funding Council</heading><hcontainer name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-review-of-creditbased-funding-model"><heading>Review of credit-based funding model</heading><section eId="section-4" uk:target="true"><num>4</num><heading>Review of credit-based funding model</heading><subsection eId="section-4-1"><num>(1)</num><intro><p>The Scottish Ministers must, within 12 months of this section coming into force, undertake a review of the credit-based funding model used by the Council for making payments to—</p></intro><level class="para1" eId="section-4-1-a"><num>(a)</num><content><p>colleges of further education,</p></content></level><level class="para1" eId="section-4-1-b"><num>(b)</num><content><p>any other providers of fundable further education.</p></content></level></subsection><subsection eId="section-4-2"><num>(2)</num><intro><p>The review undertaken under subsection (1) must consider the provision of fundable further education, including—</p></intro><level class="para1" eId="section-4-2-a"><num>(a)</num><content><p>the availability of courses provided across Scotland,</p></content></level><level class="para1" eId="section-4-2-b"><num>(b)</num><content><p>the ability of providers of fundable further education to deliver courses.</p></content></level></subsection><subsection eId="section-4-3"><num>(3)</num><content><p>After completing the review, the Scottish Ministers must publish and lay a report on the review before the Scottish Parliament.</p></content></subsection><subsection eId="section-4-4"><num>(4)</num><content><p>The report must set out the action, if any, the Scottish Ministers intend to take as a result of the review.</p></content></subsection><subsection eId="section-4-5"><num>(5)</num><intro><p>In this section, the following terms have the meaning given by section 35(1) of the 2005 Act—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-colleges-of-further-education" eId="term-colleges-of-further-education">colleges of further education</term>”,</p></content></hcontainer><hcontainer name="definition"><content><p>“<term refersTo="#term-fundable-further-education" eId="term-fundable-further-education">fundable further education</term>”.</p></content></hcontainer></subsection></section></hcontainer></part></body></act></akomaNtoso>