Updated: Added email and postal address for college or creditor insolvency proceeding notifications.
The government is introducing a new statutory insolvency regime for FE colleges to:
give legal clarity about what will happen in the event of a college entering insolvency provide protection for current studentsWe are also reviewing and strengthening our FE college intervention regime to ensure we can:
identify issues within colleges earlier focus on preventing colleges getting into a position of insolvencyThis document answers some anticipated questions to help build awareness of the changes among FE colleges.
In April 2019, we will publish full details setting out what is changing.
If a college or creditor initiates insolvency proceedings, notice of those proceedings should be sent by email to ProviderMarketOversight.BST@education.gov.uk or by post to:
Secretary of State for Education Department for Education Sanctuary Buildings Great Smith Street London SW1P 3BT
Local copy of Regulation_of_Further_Education_Colleges.pdf seen at 14:33, 22 February in Publications on GOV.UK.
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