Regulation 3 Provision of bursaries and grants
(1)
The Secretary of State may pay—
(a)
a bursary to a person to facilitate and encourage his training as a teacher on a Fast Track initial teacher training course, and
(b)
a grant to the governing body of an institution to facilitate and encourage the training of persons as teachers on a Fast Track initial teacher training course provided by that institution,
in accordance with the following provisions of these Regulations.
(2)
Bursaries and grants, as the case may be, shall not exceed such amounts as the Secretary of State may determine.
(3)
Bursaries and grants, as the case may be, shall be paid in such manner and at such times as the Secretary of State may determine.