Part 2Functions of the Scottish Further and Higher Education Funding Council
Review of credit-based funding model
4Review of credit-based funding model
(1)
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—
(a)
colleges of further education,
(b)
any other providers of fundable further education.
(2)
The review undertaken under subsection (1) must consider the provision of fundable further education, including—
(a)
the availability of courses provided across Scotland,
(b)
the ability of providers of fundable further education to deliver courses.
(3)
After completing the review, the Scottish Ministers must publish and lay a report on the review before the Scottish Parliament.
(4)
The report must set out the action, if any, the Scottish Ministers intend to take as a result of the review.
(5)
In this section, the following terms have the meaning given by section 35(1) of the 2005 Act—
“colleges of further education”,
“fundable further education”.