There are currently no known outstanding effects for the Horserace Betting and Olympic Lottery Act 2004, Paragraph 14.
14(1)In exercising its functions the Distributor shall comply with any direction given to it by the Secretary of StateF1....E+W+S
(2)A direction under this paragraph may, in particular—
(a)relate to the management and control of money received by the Distributor,
(b)relate to the terms and conditions on which grants or loans are made under section 30,
(c)require the Distributor to obtain the Secretary of State’sF1... consent before taking action of a specified kind,
(d)require the Distributor to provide information,
(e)relate to the employment of staff, or
(f)with the consent of the Treasury, relate to—
(i)the form of accounts, or
(ii)methods and principles for the preparation of accounts.
(3)Before giving a direction under this paragraph the Secretary of StateF1... shall consult the Distributor.
Textual Amendments
F1Words in Sch. 5 para. 14 omitted (7.7.2010) by virtue of Secretary of State for Culture, Olympics, Media and Sport Order 2010 (S.I. 2010/1551), art. 1(2), Sch. para. 4(i)
Commencement Information
I1Sch. 5 para. 14 in force at 8.7.2005 by S.I. 2005/1831, art. 2
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