SCHEDULES
I2C1 SCHEDULE 1 The Further and Higher Education Funding Councils
Annotations:
Commencement Information
Modifications etc. (not altering text)
C1
Sch. 1 applied (1.9.2015) by Higher Education (Wales) Act 2015 (anaw 1), ss. 25(6), 59(2) (with Sch. para. 31); S.I. 2015/1327, art. 5(h)
Supplementary powers
I11
1
Subject to sub-paragraph (2) below, the council may do anything which appears to them to be necessary or expedient for the purpose of or in connection with the discharge of their functions, including in particular—
a
acquiring and disposing of land and other property,
b
entering into contracts,
c
investing sums not immediately required for the purpose of the discharge of their functions, and
d
accepting gifts of money, land or other property.
2
The council shall not borrow money.
Sch. 1 wholly in force at 6.5.1992 see s. 94(3) and S.I. 1992/831, art. 2, Sch. 1