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(1)The Secretary of State may by order provide for any of his functions under the provisions of this Act mentioned in subsection (2) below to be exercisable instead, either generally or in such circumstances as may be specified in the order, by a funding authority.
(2)Those provisions are—
(a)sections 57 and 58 (alterations to instruments and articles of government),
[F1(aa)section 68(6) (consent to borrowing),]
(b)section 70 (making and varying joint schemes),
(c)section 136 (variation of trust deeds),
(d)paragraph 5 of Schedule 4 (transitional powers of governing bodies), and
(e)paragraph 14 of Schedule 5 (approval of schemes for payment of allowances to governors).
(3)An order under this section may—
(a)confer or impose such related functions on the funding authority, and
(b)provide for Part II of this Act to have effect with such modifications,
as the Secretary of State considers necessary or desirable in connection with any transfer of any functions under the provisions of this Act mentioned in subsection (2) above.
Textual Amendments
F1S. 17(2)(aa) inserted (1.9.1996) by 1996 c. 50, s. 10, Sch. 3 para. 10; S.I. 1996/2022, art. 2
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