SCHEDULESF1

F1SCHEDULE 1AFurther provision about the consumer financial education body

Part 2Funding

Funding by grants or loans etc made by Treasury or Secretary of State

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(1)

The Treasury or the Secretary of State may—

(a)

make grants or loans, or

(b)

provide any other form of financial assistance,

to the consumer financial education body for the purpose of meeting any expenses incurred by it in connection with the discharge of the consumer financial education function.

(2)

Any grant or loan or other form of financial assistance under this paragraph may be made or provided subject to such terms as the Treasury or the Secretary of State consider appropriate.

(3)

Any expenses incurred by the Treasury or the Secretary of State under this paragraph are to be met out of money provided by Parliament.