Section 91 of the Further and Higher Education Act 1992 (FHEA 1992) defines 'institutions within the further education sector' for the purposes of all the Education Acts* as:
• institutions run by further education corporations, and
• designated institutions for the purposes of Part 1 of FHEA 1992, and
• sixth form colleges (England only).
A list of all further education institutions in Wales is available here.
Further education institutions are funded directly by the Welsh Government but can also raise their own revenue separately. Section 35 of the Learning and Skills Act 2000 allows the Welsh Ministers to impose terms and conditions on the provision of financial resources to further education institutions, including a condition under section 35(3) that the institution charges fees for the provision of education and training.
As well as providing further education, institutions in the further education sector can award foundation degrees if specified as competent to do so by the Privy Council under section 76 of FHEA 1992.
*See the commentary regarding the term 'Education Acts' in the overview of education.