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7.—(1) The governing body of any institution which is or may become eligible to receive grants under Article 66 of the 1986 Order, Article 30 of the 1993 Order or Article 5 of the Further Education (Northern Ireland) Order 1997 (NI 15) may apply to the Department for approval of a proposed plan relating to the institution.
(2) The Department may, if it thinks fit, approve the plan.
(3) The Department may issue guidance to institutions falling within paragraph (1) as to the matters to which the Department will have regard in deciding whether to approve plans.
(4) Regulations may—
(a)specify matters to which the Department is, or is not, to have regard in making any determination relating to approval:
(b)require the institution to which any plan approved under this Article relates to publish the plan in the prescribed manner.
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