Section 62: Financial resources: conditions
192.This section enables the YPLA to set certain conditions on the financial resources it provides. The conditions may include information, operational and repayment conditions.
193.Under subsection (3) information conditions may require:
the YPLA, or a person designated by the YPLA (such as an accountant or the National Audit Office) to have access to the accounts and records, including computer records of the person to whom financial resources are provided; and
that the person must give the YPLA such information as it requests for the purpose of exercising any of its duties and powers.
194.Subsections (4) and (5) provide that operational conditions may require providers of education and training to make arrangements:
to charge fees, make awards and recover costs from other persons in accordance with criteria established by the YPLA; and
to make the provision specified in a report of a learning difficulty assessment (conducted under section 139A or 140 of the Learning and Skills Act 2000).
195.Under subsection (6) the YPLA may require repayment (which may be with interest) where the conditions subject to which the sums were paid were not complied with.
