UCLan – changing corporate form
In light of today’s announcement that UCLan will not be proceeding at the moment with its planned transformation into a company limited by guarantee. Here is my post from November on the motivations behind the original idea. It was largely about separating the ‘Preston operation’ from what is going on in Cyprus, Sri Lanka & Bangkok. And you might well ask, ‘What is going on in Cyprus, Sri Lanka and Bangkok?’
In an internal announcement last week, the University of Central Lancashire (UCLan) told staff that it was altering its group structure as of 1 August 2013 and had applied to the Secretary of State, Vince Cable, to dissolve its current corporate form, a statutory ‘higher education corporation’, at that point and move assets, undertakings and staff into a new company limited by guarantee, UCLan Group. Hefce have also been informed of the intended changes. Last summer a similar process was used to dissolve Leeds College of Music into Leeds College of Music Limited a subsidiary of Leeds City College.
Around 20 higher education institutions in England use the private form of a company limited by guarantee, including London School of Economics, London Metropolitan (tellingly) and indeed all the former polytechnics that were under the aegis of the Inner London Education Authority.
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