Pursuant to section 78M of the Education Act 1989, I direct the Secretary for Education to appoint a limited statutory manager to Wanganui Girls' College because of financial risks to the operation of the college.
The following functions, powers and duties of the Wanganui Girls' College Board of Trustees are vested in the limited statutory manager:
? The financial management of the school; and
? review of the board's financial policies and all financial management procedures.
The limited statutory manager must also advise the board on:
? financial strategy; and
? financial reporting and monitoring.
The following condition applies to the exercising of the powers of the board by the limited statutory manager:
? The powers of the limited statutory manager shall be exercised in consultation with the board.
This notice takes effect the day after the date of publication of this notice.
Dated at Wellington this 15th day of October 2002.
TREVOR MALLARD, Minister of Education.