59E+WIn Schedule 7 (Higher Education Corporations)—
(a)for paragraph 1(4) there is substituted—
“(4)A corporation may change their name with the consent of the Privy Council.”,
(b)in paragraph 18—
(i)in sub-paragraph (2)(b) for “the Polytechnics and Colleges Funding Council” there is substituted “ the higher education funding council ”, and
(ii)for sub-paragraph (5) there is substituted—
“(5)No person shall be qualified to be appointed auditor under that sub-paragraph except—
(a)an individual, or firm, eligible for appointment as a company auditor under section 25 of the Companies Act 1989;
(b)a member of the Chartered Institute of Public Finance and Accountancy; or
(c)a firm each of the members of which is a member of that institute.”, and
(c)paragraph 19 is omitted.
Commencement Information
I1Sch. 8, para. 59 wholly in force at 6.5.1992 see s. 94(3) and S.I. 1992/831, art. 2, Sch. 1