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

Download 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.

Original consultation

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

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