SCHEDULES

SCHEDULE 6 The Adult Learning Inspectorate

Supplementary powers

8

(1)

The Inspectorate may do anything which appears to it to be necessary or expedient for the purpose of or in connection with the exercise of its functions.

(2)

In particular it may—

(a)

acquire and dispose of land and other property;

(b)

enter into contracts;

(c)

invest sums not immediately needed for the purpose of exercising its other functions;

(d)

accept gifts of money, land and other property.

(3)

But the Inspectorate has no power—

(a)

to borrow money;

(b)

to lend money without the consent of the Secretary of State;

(c)

to hold shares in a company, or otherwise become a member of a company, without his consent.