Technical and Further Education Act 2017 (c. 19)

Part 2 U.K. Further education bodies: insolvency etc

CHAPTER 4 E+W Further education bodies: special administration

Introduction to education administration E+W

15 Overview of Chapter E+W

(1) This Chapter creates a procedure to be known as education administration.

(2) The main features of an education administration are that—

(a) it can be used where a further education body is unable to pay its debts or is likely to become unable to pay its debts,

(b) the court appoints an education administrator on the application of the appropriate national authority, and

(c) the education administrator manages the body's affairs, business and property with a view to avoiding or minimising disruption to the studies of existing students.

Commencement Information

I1 S. 15 in force at 31.1.2019 by S.I. 2018/1161, reg. 3(a)

16 Objective of education administration E+W

(1) The objective of an education administration is to—

(a) avoid or minimise disruption to the studies of the existing students of the further education body as a whole, and

(b) ensure that it becomes unnecessary for the body to remain in education administration for that purpose.

(2) The means by which the education administrator may achieve that objective include—

(a) rescuing the further education body as a going concern,

(b) transferring some or all of its undertaking to another body,

(c) keeping it going until existing students have completed their studies, or

(d) making arrangements for existing students to complete their studies at another institution.

Commencement Information

I2 S. 16 in force at 31.1.2019 by S.I. 2018/1161, reg. 3(a)