Depending on how and when the asset was originally funded impacts whether Ministerial consent to dispose is required, and whether, under section 18(5) of the Further and Higher Education (Scotland) Act 1992, Ministers can direct the board of management of a college to pay a portion of the proceeds of a disposal to such educational charity as Scottish Ministers may direct. • The Group is looking at ways to support colleges to maximise use of their estates, however, changing the current £500,000 de minimus value would require primary legislation.