Explanatory note

These Regulations amend the Education Assets Board (Transfers under the Education Reform Act 1988) Regulations 1992 (“the 1992 Regulations”).The Regulations amend regulation 2 of the 1992 Regulations so that, from 1st January 1994, the period within which agreement is required to be reached on any matter for the purposes of paragraph 62 of Schedule 8 to the Further and Higher Education Act 1992 is extended from three months to six months. The Regulations also amend regulation 3(2) of the 1992 Regulations so as to require that copies of any written representations and supporting documents, which are to be provided by the transferor and transferee in accordance with that regulation, are sent at the same time as the original written representations and supporting documents are submitted to the Education Assets Board.