3 The funding agencies.E+W
(1)Any reference in this Part to a funding agency is—
(a)in relation to institutions in England, to the Teacher Training Agency, and
(b)in relation to institutions in Wales, to the Higher Education Funding Council for Wales.
(2)The references above to institutions in England and in Wales are to institutions whose activities are carried on, or principally carried on, in England or, as the case may be, in Wales; but both references include the Open University.
Any dispute as to which funding agency any functions are exercisable by shall be determined by the Secretary of State.
(3)The funding agencies shall be responsible for administering funds made available to them by the Secretary of State and others for the purpose of providing financial support for the carrying on by eligible institutions of qualifying activities.
Modifications etc. (not altering text)
C1S. 3(2) modified (1.7.1999) (W.) by S.I. 1999/672, art. 5, Sch.2