Part 1: The Office for Students Funding of the OfS Section 72: Retention of fee related income
This section provides that the OfS can retain its income from registration fees, other fees, and recovery of costs, only if the Secretary of State directs that it can, and with the consent of HM Treasury. Income from imposing penalties and interest cannot be retained by the OfS and must be paid to the Secretary of State.
	This section forms part of the law of England and Wales.