(1) The Authority may accept a written undertaking given by the provider of school boarding services at a registered school boarding premises, which is the subject of a review and evaluation of its operation under section 4.3.8G or 4.3.8H, in connection with any matter—
(a) in relation to which the Authority has a power or function under this Act; or
(b) relating to non-compliance of the premises with a prescribed minimum standard for registration of school boarding premises.
(2) For the avoidance of doubt, a provider of school boarding services may give an undertaking under this section to establish a trust fund into which students' fees (within the meaning of section 4.3.8E(4)) are paid and setting out the circumstances in which funds may be withdrawn from that trust fund.
(3) An undertaking given under this section or a court order made under section 4.3.8M must not be inconsistent with this Act, the regulations or a prescribed minimum standard for registration of school boarding premises.
(4) A provider of school boarding services may withdraw or vary an undertaking at any time after obtaining the consent of the Authority.
S. 4.3.8K inserted by No. 33/2020 s. 7.