Point in time view as at 01/11/1998. This version of this provision is not valid for this point in time.
Government of Wales Act 1998, Paragraph 4 is up to date with all changes known to be in force on or before 04 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Valid from 14/05/2001
4(1)Any sums received by the Forestry Commissioners—
(a)under section 105, or
(b)(subject to sub-paragraphs (2) and (3)) in respect of any transactions carried out by them in the exercise of any of their functions in relation to Wales,
shall be applied by them towards meeting their expenditure on the exercise of their functions in relation to Wales.
(2)The Treasury may direct that any sums within sub-paragraph (1)(b) which are, or are of a description, specified in the direction shall be paid into the Consolidated Fund.
(3)The Assembly may direct that any sums within sub-paragraph (1)(b) which are, or are of a description, specified in the direction shall be paid to the Assembly.
(4)A direction under sub-paragraph (3) may be varied or revoked by a direction under sub-paragraph (2) (as well as by another direction under sub-paragraph (3)).
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