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F13B PaymentE+W+S

(1)Grant under section 3 or 3A shall be paid in such manner and at such time as the designated Minister determines.

(2)In particular—

(a)a grant for a financial year need not be paid in that year, and

(b)a grant may be paid in instalments.

(3)A grant under section 3 or 3A may be conditional.

(4)An authority shall repay to the designated Minister any sum which—

(a)the authority receives by way of grant under section 3 for a financial year, and

(b)exceeds the amount to which the authority is entitled under that section for that year (whether or not by virtue of a varying determination under section 3(3)(b)).

Textual Amendments

F1Ss. 3-3B substituted (26.2.2002 with effect as mentioned in s. 2(2) of the amending Act) for s. 3 by 2002 c. 5, s. 1(1)