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Education Reform Act 1988, Section 129B is up to date with all changes known to be in force on or before 07 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Whole provisions yet to be inserted into this Act (including any effects on those provisions):
(1)This section has effect in relation to any designated institution conducted by a company.
(2)The articles of association of the company shall incorporate—
(a)provision with respect to the constitution of a governing body of the institution (to be known as the instrument of government of the institution); and
(b)provision with respect to the conduct of the institution (to be known as the articles of government of the institution).
(3)The Privy Council may give to the persons who appear to them to have effective control over the company such directions as they think fit for securing that—
(a)the [F2articles of association] of the company; or
(b)any rules or bye-laws made in pursuance of any power conferred by the articles of association of the company,
are amended in such manner as they may specify in the direction.
(4)No amendment of the [F3articles of association] of the company (other than one required under subsection (3)(a) above) shall take effect until it has been submitted to the Privy Council for their approval and they have notified their approval to the company.
(5)Before giving any directions under subsection (3) above the Privy Council shall consult the persons who appear to them to have effective control over the company.
Textual Amendments
F1Ss. 129A, 129B inserted (6. 5. 1992) by Further and Higher Education Act 1992 (c. 13), s. 73(1); S.I. 1992/831, art. 2, Sch.1.
F2Words in s. 129B(3)(a) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 96(3) (with art. 10)
F3Words in s. 129B(4) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 96(3) (with art. 10)
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