DRAFT RESOLUTION OF THE CORPORATION OF BRACKNELL & WOKINGHAM COLLEGE
1.1.1 publication of the results of a statutory consultation exercise undertaken by the Corporation (as required under The Further Education Corporations (Publication of Proposals) (England) Regulations 2012);
1.1.2 the carrying out of legal and financial due diligence exercises in respect of Activate Learning;
1.1.3 publication of the draft resolution of the Corporation to dissolve and provide for the transfer of its property, rights and liabilities (as required under Article 26(2) of the Corporation’s Articles of Government); and
1.1.4 subject to the passing, by Activate Learning, of a resolution to accept the transfer of the property, rights and liabilities of the Corporation, such transfer to take effect immediately prior to the Corporation’s dissolution at 00:01 on 1 December 2018,
The Corporation hereby RESOLVES to merge with Activate Learning in accordance with s27A of the Further and Higher Education Act 1992, with the Corporation dissolving at 00:01 on 1 December 2018 and its property rights and liabilities transferring immediately before that time to Activate Learning in accordance with section 27B of the Further and Higher Education Act 1992.