Dormant Bank and Building Society Accounts Act 2008

23Power to prohibit distribution in certain casesU.K.

This adran has no associated Nodiadau Esboniadol

(1)The [F1Secretary of State] may by order prohibit the Big Lottery Fund from distributing [F2dormant assets] money to a person specified in the order if the [F3Secretary of State] considers that the Fund is able (whether directly or indirectly) to control or materially to influence the policy of that person in carrying on any undertaking or performing any functions.

(2)Before making an order under this section that—

(a)relates to Welsh expenditure, Scottish expenditure or Northern Ireland expenditure, or

(b)would otherwise be likely, in the opinion of the [F4Secretary of State], to affect persons in Wales, Scotland or Northern Ireland,

the [F4Secretary of State] shall consult the Welsh Ministers, the Scottish Ministers or the Department of Finance and Personnel in Northern Ireland (as appropriate).

(3)An order under this section is subject to annulment in pursuance of a resolution of either House of Parliament.

(4)The [F5Secretary of State] may require the Fund to provide such information as is needed for the purpose of exercising his or her powers under this section.