SCHEDULES
C2F1SCHEDULE 4ATHE BIG LOTTERY FUND
Sch. 4A: transfer of functions (13.4.2011) by The Transfer of Functions (Big Lottery Fund) Order 2011 (S.I. 2011/739), arts. 1(2), 2(1)(e) (with art. 3)
Part 3Money
Remuneration, &c.
17
1
The Fund may pay to the Chairman, another member or a member of a committee—
a
such remuneration as the F4Minister for the Cabinet Office may determine, and
b
such travelling and other allowances as the F4Minister for the Cabinet Office may determine.
2
The Fund may pay to or in respect of the Chairman or another member such sums as the F4Minister for the Cabinet Office may determine by way of, or in respect of, pensions, allowances or gratuities.
3
C118
1
The Fund may (subject to any directions under section F536E(2)(b) ) pay sums to or in respect of a member or former member of staff by way of or in respect of—
a
remuneration,
b
allowances,
c
pensions,
d
gratuities, or
e
compensation for loss of employment.
2
In Schedule 1 to the Superannuation Act 1972 (c. 11)
(employment to which superannuation schemes may extend) in the list of other bodies insert at the appropriate place— “
The Big Lottery Fund.
”
Payments
19
The Fund may make payments in respect of expenditure (which may include expenditure of a capital nature) of—
a
the Fund, or
b
a person to whom it delegates a function under section 25A(1).
Investment
20
1
The Fund may deposit money in an interest-bearing account (but may not otherwise invest).
2
The proceeds of money received by the Fund and invested under sub-paragraph (1) shall be treated for the purposes of Part II of this Act as part of that money.
Accounts
21
1
The Fund shall—
a
keep proper accounting records F2relating to the exercise of its functions under this Act , and
F3b
prepare in respect of each financial year a statement of accounts relating to the exercise of those functions.
2
The Fund shall send a copy of a statement under sub-paragraph (1)(b)—
a
to the F4Minister for the Cabinet Office ,
b
to the National Assembly for Wales,
c
to the Scottish Ministers,
d
to the Northern Ireland Department of Culture, Arts and Leisure, and
e
to the Comptroller and Auditor General.
3
A copy of a statement must be sent under sub-paragraph (2) within such period, beginning with the end of the financial year to which the statement relates, as the F4Minister for the Cabinet Office may, with the consent of the Treasury, direct.
4
The Comptroller and Auditor General shall—
a
examine, certify and report on a statement received under this paragraph, and
b
lay a copy of the statement and his report before Parliament.
Sch. 4A inserted (1.8.2006) by National Lottery Act 2006 (c. 23), s. 22(1), Sch. 2; S.I. 2006/2177, art. 2