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(1)Any two or more councils may exercise jointly any of their functions where it appears to them that to do so—
(a)will be more efficient, or
(b)will enable them more effectively to discharge any of their functions.
(2)Any two or more councils shall, if directed to do so by the Secretary of State, jointly make provision for the assessment by a person appointed by them of matters relating to the arrangements made by each institution in Great Britain which is within the higher education sector for maintaining academic standards in the institution.
(3)In this section—
(a)“council” means a higher education funding council, a further education funding council or the Scottish Higher Education Funding Council, and
(b)references to institutions within the higher education sector include institutions within the higher education sector within the meaning of Part II of the [1992 c. 37.] Further and Higher Education (Scotland) Act 1992.
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