SCHEDULES

SCHEDULE 5The Olympic Lottery Distributor

Part 2Proceedings

Directions of the Secretary of State F2...

Annotations:
Amendments (Textual)
F2

Words in Sch. 5 para. 14 crossheading 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)

I114

1

In exercising its functions the Distributor shall comply with any direction given to it by the Secretary of StateF1....

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.