SCHEDULES

SCHEDULE 3Conduct of education administration: statutory corporations

Specific modifications to Schedule B1 to the Insolvency Act 1986

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Paragraph 68 (management duties of an administrator) is to have effect as if—

a

in sub-paragraph (1), for paragraphs (a) to (c) there were substituted “the proposals as—

a

set out in the statement made under paragraph 49 in relation to the further education body, and

b

from time to time revised under paragraph 54,

for achieving the objective of the education administration.

b

in sub-paragraph (3), for paragraphs (a) to (d) there were substituted “ the directions are consistent with the achievement of the objective of the education administration ”.