Part 2: Further Education Bodies: Insolvency etc. Chapter 2: Application of Normal Insolvency to Statutory Corporations Section 7: Application of other insolvency law
Section 7 provides a power for the Secretary of State to make regulations so as to apply any legislation which is about insolvency to further education and sixth form college corporations. This means that where there is legislation outside the Insolvency Act 1986 which relates to insolvency, that legislation can be applied, by secondary legislation, to those corporations. There is also power to amend or modify that legislation so that it makes sense for those corporations.