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(1)A police authority may, in connection with the discharge of any of its functions, accept gifts of money, and gifts or loans of other property, on such terms as appear to the authority to be appropriate.
(2)The terms on which gifts or loans are accepted under subsection (1) may include terms providing for the commercial sponsorship of any activity of the police authority or of the police force maintained by it.
(3)In the application of this section in relation to the metropolitan police force, for the references to the police authority there shall be substituted references to the Receiver for the Metropolitan Police District.
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