21(1)In section 2(2) of that Act (power of LEAs to lend money for those purposes) for paragraphs (a) to (d) there is substituted—E+W
“(a) to a higher education corporation or further education corporation (within the meaning of the Further and Higher Education Act 1992);
(b)in the case of the following institutions—
(i)an institution within the higher education sector which is not conducted by a higher education corporation;
(ii)an institution within the further education sector which is not conducted by a further education corporation; or
(iii)an institution which provides higher education or further education and is assisted by a [F1local authority] ,
to the governing body of the institution or, if it is conducted by a company, to the company; or
(c)to a body corporate in which such a corporation or company as is mentioned in paragraph (a) or (b) above has a holding such as is mentioned in subsection (8) below”.
(2)In subsection (8) of that section for “(2)(d)” there is substituted “ (2)(c) ”.
Textual Amendments
F1Words in Act substituted (5.5.2010) by The Local Education Authorities and Children’s Services Authorities (Integration of Functions) Order 2010 (S.I. 2010/1158), Sch. 2 para. 5(2)
Commencement Information
I1Sch. 8, para. 21 wholly in force at 30.9.1992 see s. 94(3) and S.I. 1992/831, art. 2, Sch. 2