SCHEDULES

SCHEDULE 2Scheme employers

PART 3

8

Where, for any reason, it is not desirable for an admission body to enter into an indemnity or bond, the admission agreement must provide that the admission body secures a guarantee in a form satisfactory to the administering authority from—

a

a person who funds the admission body in whole or in part;

b

in the case of an admission body falling within the description in paragraph 1(d), the Scheme employer referred to in that paragraph;

c

a person who—

i

owns, or

ii

controls the exercise of the functions of,

the admission body; or

d

the Secretary of State in the case of an admission body—

i

which is established by or under any enactment, and

ii

where that enactment enables the Secretary of State to make financial provision for that admission bodyF1; or

iii

which is a provider of probation services under section 3 of the Offender Management Act 2007 (power to make arrangements for the provision of probation services) or a person with whom such a provider has made arrangements under subsection (3)(c) of that section.