(1)HEFCW may issue or approve guidance about—
(a)criteria to be applied by a person exercising a function by virtue of section 17 in assessing the quality of education;
(b)matters HEFCW will take into account in determining whether the quality of education, or of a course of education, is inadequate or likely to become inadequate.
(2)Before issuing or approving guidance under this section (or any revised guidance), HEFCW must consult—
(a)the governing body of each regulated institution, and
(b)any other persons they think appropriate.