(1888PressRelease)
May 13, 2008 - The implementation of the Charity Act 2006 requires the setting up of regulators for what are known as exempt charities such as churches and universities. The Higher Education Funding Council for England (HEFCE) will regulate most English universities; however, the Charity Commissioners have stated that they will regulate Welsh universities themselves as no principle regulator has been identified for this task. Under the new Act, the regulator will have the power to remove the charitable status of any university breaching charity law.
This leaves the future of the Higher Education Funding Council for Wales (HEFCW) in some doubt as to its future role and purpose. This in turn is likely to lead to an increase in tuition fees caused by the lack of confidence in the regulation of Welsh universities and further decline in student numbers from other parts of the UK.
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