Technical and Further Education Act 2017

[^key-60c46336649f6319fb016d2d752c8d8c]: Words in Sch. 3 para. 38(c) inserted (26.12.2023) by Levelling-up and Regeneration Act 2023 (c. 55), s. 255(2)(c), Sch. 4 para. 210(b)(ii) (with s. 247)

[^key-9eef135cd9658c0e7292111701198d1a]: Words in Sch. 4 para. 12(b) substituted (26.12.2023) by Levelling-up and Regeneration Act 2023 (c. 55), s. 255(2)(c), Sch. 4 para. 211(a) (with s. 247)

[^key-3564c9d9c6d3468ce215dbe4989b780d]: Words in Sch. 4 para. 36(c) inserted (26.12.2023) by Levelling-up and Regeneration Act 2023 (c. 55), s. 255(2)(c), Sch. 4 para. 211(b)(i) (with s. 247)

[^key-a05b440d860d058c5a6eea44815cd5e5]: Words in Sch. 4 para. 36(c) inserted (26.12.2023) by Levelling-up and Regeneration Act 2023 (c. 55), s. 255(2)(c), Sch. 4 para. 211(b)(ii) (with s. 247)

[^key-162f71b5deaccff54ac3859c59db39a6]: Sch. 1 paras. 2-5 omitted (1.6.2025 at 2.00 a.m.) by virtue of Institute for Apprenticeships and Technical Education (Transfer of Functions etc) Act 2025 (c. 14), s. 12(1)(b), Sch. 3 para. 9(a) (with s. 13); S.I. 2025/598, reg. 4(b)

[^key-60b9ae5a1dfa5f79d70fb445b0d702ef]: Sch. 1 paras. 32-35 omitted (1.6.2025 at 2.00 a.m.) by virtue of Institute for Apprenticeships and Technical Education (Transfer of Functions etc) Act 2025 (c. 14), s. 12(1)(b), Sch. 3 para. 9(b) (with s. 13); S.I. 2025/598, reg. 4(b)

[^key-fb5d0adc8870bec96f3bd57977f03072]: S. 1(2) omitted (1.6.2025 at 2.00 a.m.) by virtue of Institute for Apprenticeships and Technical Education (Transfer of Functions etc) Act 2025 (c. 14), s. 12(1)(b), Sch. 3 para. 8 (with s. 13); S.I. 2025/598, reg. 4(b)

[^key-fa20176422e2d86e207a0b6bd1f2d089]: S. 1(3) omitted (1.6.2025) by virtue of Institute for Apprenticeships and Technical Education (Transfer of Functions etc) Act 2025 (c. 14), s. 12(1)(b), Sch. 1 para. 34(a) (with s. 13); S.I. 2025/598, reg. 3(g)

[^key-2ccc10f0a383bb0284cf01f37019d8b9]: S. 1(4) omitted (1.6.2025 at 2.00 a.m.) by virtue of Institute for Apprenticeships and Technical Education (Transfer of Functions etc) Act 2025 (c. 14), s. 12(1)(b), Sch. 3 para. 8 (with s. 13); S.I. 2025/598, reg. 4(b)

[^key-ac2322ef105f8ed0e9d4c83500de554d]: Sch. 1 para. 14(4) omitted (1.6.2025) by virtue of Institute for Apprenticeships and Technical Education (Transfer of Functions etc) Act 2025 (c. 14), s. 12(1)(b), Sch. 1 para. 34(b) (with s. 13); S.I. 2025/598, reg. 3(g)

6A

• (1) A transfer scheme may not transfer property which is subject to a security (other than a floating charge) free of that security except—

• (a) in accordance with an order of the court under paragraph 71 of Schedule B1 to the Insolvency Act 1986 as applied by Schedule 3 or 4, or

• (b) where—

• (i) an amount is attributed to the transfer of the property in the transfer scheme,

• (ii) the secured creditor agrees with that amount, and

• (iii) the secured creditor is paid that amount.

• (2) In sub-paragraph (1), “floating charge” means a charge which is a floating charge on its creation.

17A

Paragraph 71 is to have effect as if in sub-paragraph (1), after “dispose” there were inserted “(whether by way of a transfer scheme under Schedule 2 to the Technical and Further Education Act 2017 or otherwise)”.

Overview

Information for Secretary of State about further education

Power to make transitional provision