Digital Education Resource Archive (DERA)

Circular 02/12 : college involvement in companies : consent to participate in, subscribe for or otherwise acquire shares, or securities of, companies providing education funded wholly or partly by the Council

Learning and Skills Council (LSC), corp creator. (2002) Circular 02/12 : college involvement in companies : consent to participate in, subscribe for or otherwise acquire shares, or securities of, companies providing education funded wholly or partly by the Council.

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Abstract

"This Circular confirms that Further Education Corporations (Colleges) have a power to participate in, to subscribe for or otherwise acquire shares in, or securities of, companies. It sets out how the Council will deal with applications from colleges for consent required where these companies provide education that is, or will be wholly or partly funded by the Council. It also provides guidance on the process and the criteria that the Council will use to consider consent and gives Colleges who already participate or have acquired shares and securities a temporary general consent. The policies, principles and overall approach set out in the circular apply to college involvement in any company that provides education where this is funded wholly or partly by the Council. The Council has consulted with the Association of Colleges inthe preparation of this circular" -- front cover.

Item Type: Document from Web
Publisher: Learning and Skills Council
Depositing User: lscback
Date Deposited: 19 Jan 2012 14:59
Last Modified: 03 Jul 2012 21:22
URI: http://dera.ioe.ac.uk/id/eprint/13578
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