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(1)The Board may, with the consent of the Secretary of State, enter into and carry out agreements with the Minister of Overseas Development under which the Board acts, at the expense of that Minister, as the instrument by means of which technical assistance is furnished by that Minister in the exercise of the power conferred by section 1(1) of the [1966 c. 21.] Overseas Aid Act 1966.
(2)The Board may, with the consent of both the Secretary of State and the Minister of Overseas Development, enter into and carry out agreements under which the Board, for any purpose specified in section 1(1) of that Act, furnishes technical assistance in a country or territory outside the United Kingdom against reimbursement to the Board of the cost of furnishing that assistance.
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