# The School Companies Regulations 2002, Regulation 26: Duties of a supervising authority


A supervising authority has a duty to:–
(a) monitor the management and finances of the school company; and
(b) notify members of the company and relevant local education authorities if it considers that the company is poorly managed or there is a risk of the company becoming insolvent.

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Source: https://www.legislation.gov.uk/uksi/2002/2978/regulation/26 (the official version)
Page: https://openlegislation.uk/school-companies-regulations-2002/regulation-26
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.