Consultation outcome

Developing an insolvency regime for the further education and sixth-form sector

• From: Department for Business, Innovation & Skills and Department for Education
• Published: 6 July 2016
• Last updated: 27 October 2016 — See all updates

This was published under the 2015 to 2016 Cameron Conservative government

This consultation has concluded

Read the full outcome

Developing an insolvency regime for the FE and sixth-form college sector: government response

PDF, 488 KB, 34 pages

Detail of outcome

Summary of the responses we received, along with the government’s response outlining the next steps.

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Original consultation

Summary

We are seeking views on proposals for setting up an insolvency regime for further education institutions and sixth-form colleges.

This consultation ran from
midday on 6 July 2016 to 11:45pm on 5 August 2016

Consultation description

This consultation seeks comments on the proposals to introduce procedures for further education and sixth-form colleges which become insolvent (unable to pay their debts). The proposals include a Special Administration Regime, giving extra protection to ensure continuity of service.

The insolvency regime would be designed to:

• protect learners from disruption to their courses
• help the rehabilitation of a college, where possible
• provide an orderly wind-up procedure if a college becomes insolvent

We are proposing insolvency procedures for colleges in line with those given to companies under the Insolvency Act 1986, including administration and liquidation.

The consultation will be of interest to:

• further education and sixth form colleges, their staff and students
• creditors of further education and sixth form colleges

Documents

Developing an insolvency regime for the further education and sixth-form sector - consultation document

Ref: BIS/16/320

PDF, 723 KB, 48 pages

Draft clauses and schedules: further education bodies - insolvency

PDF, 213 KB, 30 pages

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Explanatory notes for draft clauses and schedules: further education bodies - insolvency

PDF, 72.4 KB, 8 pages

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Published 6 July 2016
Last updated 27 October 2016 + show all updates

1. 27 October 2016

   Added the government's response.

2. 6 July 2016

   First published.