Part 2: Further Education Bodies: Insolvency etc. Chapter 4: Further Education Bodies: Special Administration Section 25: Transfer schemes
Section 25, with Schedule 2, gives the education administrator the power to make transfer schemes, which transfer the property, rights and liabilities of the further education body to another specified person or body. Such schemes can be used to override some third party rights, e.g. transferring a lease without the landlord’s consent, for example, in order to facilitate the transfer of students to another provider so as to achieve the special objective.