FOR PUBLICATION - DRAFT RESOLUTION TO DISSOLVE CENTRAL BEDFORDSHIRE COLLEGE FURTHER EDUCATION CORPORATION ON 1 FEBRUARY 2023
NOTICE is hereby given that the Governing Body of Central Bedfordshire College Further Education Corporation intends to pass a resolution at a meeting of the Corporation to take place before 1 February 2023 to dissolve the Corporation of the College following a transfer of its rights, assets and liabilities at 00:01 on 1 February 2023* to Bedford College Further Education Corporation.
Proposed Resolution to be passed at a meeting of the Corporation to be held prior to 1 February 2023
IT WAS RESOLVED that following:
- the publication of the results of a statutory consultation exercise undertaken by Central Bedfordshire College Further Education Corporation (as required under The Further Education Corporations (Publication of Proposals) (England) Regulations 2012) and Bedford College Further Education Corporation;
- the carrying out of legal and financial due diligence exercises by both Corporations in order to establish that such action is in the best interests of their respective Corporations and subject to the Corporations agreeing suitable and appropriate terms and entering into a legally binding transfer agreement to give effect to the said transfer.
Central Bedfordshire College Further Education Corporation hereby RESOLVES to merge by transfer of its assets, liabilities and undertaking to Bedford College Further Education Corporation with effect from 00.01 on 1 February 2023*, pursuant to s 27B Higher and Further Education Act 1992, with Central Bedfordshire College Further Education Corporation immediately thereafter dissolving.
* The notice is passed on the basis that it is the intention for Central Bedfordshire College Further Education Corporation and Bedford College Further Education Corporation to merge on 1 February 2023, but there is a possibility that this may be subject to change to a later date.
For further information please contact: Katy George on This email address is being protected from spambots. You need JavaScript enabled to view it.
Published: December 2022
