Section 3 OverviewI1

This Part is mainly about the insolvency of further education bodies—

(a)

Chapter 2 ensures that normal insolvency procedures apply to further education bodies that are statutory corporations;

(b)

Chapter 3 restricts the use of normal insolvency procedures;

(c)

Chapter 4 creates a special administration regime;

(d)

Chapter 5 is about the treatment of trust property held by certain bodies;

(e)

Chapter 6 imposes restrictions on existing procedures for dissolution;

(f)

Chapter 7 confers power to make provision about the disqualification of members of further education bodies.

Annotations