SCHEDULES

SCHEDULE 4U.K.INSTRUMENTS AND ARTICLES OF GOVERNMENT

[F15(1)An instrument must make provision for there to be—U.K.

(a)a chief executive of the institution, and

(b)a clerk to the body.

(2)An instrument must make provision about the respective responsibilities of the body, the chief executive and the clerk.

(3)The responsibilities of the body must include—

(a)in the case of a sixth form college corporation to which section 33J applies, the preservation and development of the educational character and mission of the institution and the oversight of its activities;

(b)in the case of any other sixth form college corporation, a further education corporation or a governing body, the determination and periodic review of the educational character and mission of the institution and the oversight of its activities;

(c)in any case, the effective and efficient use of resources, the solvency of the institution and the body and the safeguarding of their assets.]