EXPLANATORY NOTE
(This note is not part of the Order)
These Regulations prescribe the time and manner of publication, and content of draft proposals for the dissolution of further education corporations. The Regulations also provide detail on the consultation process that must be followed, as well as prescribing the bodies to which a further education corporation can transfer its property, rights and liabilities upon dissolution.
Regulation 3 and Schedule 1 specify the information a further education corporation must publish about its proposed dissolution. Regulation 3 also provides when and where the further education corporation must publish this information.
Regulation 4 sets out who must be sent a copy of the dissolution proposal and the consultation process that must be followed.
Regulation 5 and Schedule 2 prescribe the bodies to which a further education corporation can transfer its property, rights and liabilities upon dissolution.