Part 2Further education bodies: insolvency etc
CHAPTER 2Application of normal insolvency to statutory corporations
I17Application of other insolvency law
1
The Secretary of State may make regulations, in consequence of section 6 or regulations made under it—
a
providing for any legislation about insolvency to apply in relation to a further education body that is a statutory corporation (with or without modifications);
b
amending, or modifying, any legislation about insolvency as it applies in relation to a further education body that is a statutory corporation.
2
In subsection (1) “legislation about insolvency” includes any legislation that makes provision by reference to anything that is or may be done under any provision of the Insolvency Act 1986, or under any provision of subordinate legislation made under that Act, as applied by section 6.
3
Regulations under this section that apply, amend or modify a provision of an Act are subject to the affirmative resolution procedure.
4
Any other regulations under this section are subject to the negative resolution procedure.
5
In this section “legislation” means provision made by Schedule 3 to this Act or provision made by or under any other Act passed before or in the same session as this Act.