SCHEDULES

SCHEDULE 5E+W+SThe Olympic Lottery Distributor

Part 2E+W+SProceedings

Directions of the Secretary of State F1...E+W+S

Textual Amendments

F1Words 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)

14(1)In exercising its functions the Distributor shall comply with any direction given to it by the Secretary of StateF2....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’sF2... 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 StateF2... shall consult the Distributor.

Textual Amendments

Commencement Information

I1Sch. 5 para. 14 in force at 8.7.2005 by S.I. 2005/1831, art. 2