Legislation – Tertiary Education and Research (Wales) Act 2022
Changes to legislation:
Tertiary Education and Research (Wales) Act 2022, Section 87 is up to date with all changes known to be in force on or before 08 April 2026. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the legislation in the affected provisions. Use the ‘more’ link to open the changes and effects relevant to the provision you are viewing.
Changes and effects yet to be applied to Section 87:
- s. 87(5) coming into force by S.I. 2026/62 art. 25(c)
PART 3SECURING AND FUNDING TERTIARY EDUCATION AND RESEARCH
Commission’s funding policy
87Policy on funding powers
(1)
The Commission must publish a statement of its policy on how it intends to exercise its funding powers.
(2)
In preparing the statement, the Commission must have regard to the principle that decisions about the provision or securing of financial resources should be made in a way that is transparent.
(3)
The Commission must keep the statement under review and may revise it.
(4)
Before publishing the statement or a revised statement, the Commission must consult such persons as it considers appropriate.
(5)
The Commission’s funding powers are its powers to provide or secure financial resources under sections 88, 89, 97, 101, 103, 104 and 105.