[Subsection (1) substituted by section 7(a) of Act No. 3 of 2012]
| (2) | The Minister may not act in terms of subsection (1) unless he or she has— |
| (a) | [Paragraph (a) deleted by section 7(c) of Act No. 3 of 2012] |
| (b) | given written notice to the college in question of the intention to close it; |
| (c) | given notice in the Gazette of his or her intention so to act; |
| (d) | given the council of the college in question and interested parties an opportunity to make written representations within a period of not less than 90 days; and |
| (e) | considered those representations. |
[Subsection (2) amended by section 7(b) of Act No. 3 of 2012]
| (3) | If a public college is closed under subsection (1)— |
| (a) | all assets and liabilities of such college must, after such closure, be dealt with according to law by the Minister; and |
[Paragraph (a) substituted by section 7(d) of Act No. 3 of 2012]
| (b) | any assets remaining after payment of all liabilities vest in the Minister. |
[Paragraph (b) substituted by section 7(d) of Act No. 3 of 2012]
| (4) | Subsections (2) to (5) of section 5 and section 6(2) apply with the necessary changes required by the context to a closure referred to in subsection (1). |
