Commentary on Sections of the Act Part 4 – Financial Affairs of Regulated Institutions Sections 28 – Procedure for approval of Code by Welsh Ministers
85.This section sets out the procedure that HEFCW must follow before they can publish the first Code or a revised Code. HEFCW must consult the governing body of each regulated institution and submit a draft Code for approval by the Welsh Ministers.
86.It is anticipated that HEFCW will consult on a draft of the first Code during the 2015/2016 academic year with a view to the Code being published and taking effect for the start of the 2017/2018 academic year.