Part 2: Further Education Bodies: Insolvency etc. Chapter 4: Further Education Bodies: Special Administration Section 30: Guarantees where education administration order is made
Section 30 enables the Secretary of State, or for Wales the Welsh Ministers, to give guarantees in relation to the borrowings of a further education body in education administration. The Secretary of State must lay a statement of the guarantee before Parliament as soon as possible after giving it and Welsh Ministers must lay a statement before the Welsh Assembly.