I did actually reference this while the noble Baroness was talking to a colleague. There is no contradiction. As I said about five minutes ago, the creditors’ objective is secondary and subject to the special objective of protecting students’ studies. Only when it is consistent with the special objective does the education administrator have regard to creditors’ needs. This reflects normal insolvency procedure. It is right that the education administrator has regard to creditors’ needs. I hope this is helpful.
Technical and Further Education Bill
Proceeding contribution from
Baroness Buscombe
(Conservative)
in the House of Lords on Wednesday, 1 March 2017.
It occurred during Debate on bills
and
Committee proceeding on Technical and Further Education Bill.
Type
Proceeding contribution
Reference
779 c221GC 
Session
2016-17
Chamber / Committee
House of Lords Grand Committee
Subjects
Librarians' tools
Timestamp
2021-10-12 15:02:49 +0100
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