Conditions of funding 2B Duty to place conditions on funding: transparency (1) The 2005 Act is modified as follows. (2) In section 9A (higher education institutions: good governance)— 30 (a) the existing text becomes subsection (1), (b) after subsection (1), insert— “(2) For the purposes of subsection (1), principles of governance which constitute good practice in relation to higher education institutions includes, in particular, having regard to the need to operate in a way which is transparent and 35 accountable.”. (3) In section 9B (further education institutions: good governance), after subsection (2), insert— 3 Tertiary Education and Training (Funding and Governance) (Scotland) Bill Part 1—Functions of the Scottish Further and Higher Education Funding Council 1 “(3) For the purposes of this section, principles of governance which constitute good practice in relation to colleges of further education, or which are appropriate in relation to a regional strategic body, as the case may be, includes, in particular, having regard to the need to operate in a way which is transparent 5 and accountable.”. 2C Duty to place conditions on funding: conflict of interest (1) The 2005 Act is modified as follows. (2) After section 9E, insert— “9F Conflict of interest: disclosure 10 (1) The Scottish Ministers must, under section 9(2), impose a condition that the 1 Council must, when making a payment to a fundable body under section 12(1), 12D(2), or 12J(2), require that the fundable body has in place a conflict of interest policy that— (a) requires each member of its governing body and each senior officer to 15 declare any registerable interest, (b) requires that a member of its governing body or senior officer withdraws from any meeting or decision-making process where they have a conflict of interest, (c) ensures that the fundable body has a register of interests that is— 20 (i) publicly accessible online...