Tertiary Education and Research (Wales) Act 2022 (asc1)

PART 3 E+W SECURING AND FUNDING TERTIARY EDUCATION AND RESEARCH

Funding of higher education E+W

88 Financial support to specified providers for higher education E+W

(1) The Commission may provide financial resources to the governing body of a specified provider in respect of expenditure incurred, or to be incurred, by the governing body or by a collaborating body for the purposes of—

(a) the provision of higher education by, or on behalf of, the specified provider;

(b) the provision of facilities, and the carrying on of other activities, by or on behalf of the specified provider which its governing body considers it necessary or desirable to provide or carry on for the purposes of or in connection with higher education it provides or has provided on its behalf.

(2) The Commission may also provide financial resources to any person in respect of expenditure incurred, or to be incurred, by the person for the purpose of the provision by any person of services for the purposes of, or in connection with, the provision of higher education by, or on behalf of, a specified provider.

(3) In this section—

• “collaborating body” (“corff sy’n cydlafurio”), in relation to a specified provider, means a person—

  (a)

  to whom the governing body of the specified provider proposes to pa‍y all or some of the financial resources provided to it under subsection (1), and

  (b)

  who is providing, is proposing to provide or has provided higher education on behalf of the specified provider, or who is working, is proposing to work or has worked in collaboration with the provider for the purpose for which the financial resources are provided;

• “specified provider” (“darparwr penodedig”) means a registered provider registered in a category specified for the purposes of this section in regulations made by the Welsh Ministers.

(4) The Commission must give its consent before the governing body of the specified provider makes a payment to a collaborating body (see section 109 for further provision about the Commission’s consent).

(5) The Welsh Ministers may, by regulations, provide that financial resources may not be provided under this section in respect of expenditure incurred or to be incurred by a person for the purposes of the provision of a course of initial teacher training unless the course satisfies requirements set out in the regulations.

Commencement Information

I1 S. 88 not in force at Royal Assent, see s. 148(2)

I2 S. 88 in force at 4.9.2023 for specified purposes by S.I. 2023/919, art. 3(ff)