[F162A Provision supplemental to section 62E+W
(1)The Secretary of State may require the NCS Service Authority to provide him, in connection with the exercise of his functions under section 62, with such information as he may specify, within such period as he may specify.
(2)Where the Secretary of State makes a determination under section 62 he shall prepare a report—
(a)setting out the determination (including any conditions imposed by virtue of section 62(4)), and
(b)stating the considerations which he took into account in making it.
(3)A copy of every report prepared under subsection (2) shall—
(a)be sent to the NCS Service Authority, and
(b)be laid before the House of Commons.
(4)A grant to the NCS Service Authority under section 62 shall be paid at such time, or in instalments of such amounts and at such times, as the Secretary of State may determine; and any such time may fall within or after the financial year concerned.
(5)Where in consequence of a further determination under section 62(3) the amount of the Authority’s grant is less than the amount already paid to it for the year, a sum equal to the difference shall be paid by the Authority to the Secretary of State at such time as he may specify.]
Textual Amendments
F1Ss. 62, 62A substituted for s. 62 (1.8.2001) by 2001 c. 16, s. 114; S.I. 2001/2223, art. 3(g)