28Winding upU.K.
(1)The Secretary of StateF1... may by order make provision for the winding up of the Olympic Lottery Distribution Fund.
(2)An order under this section shall provide, in particular, for any money in or due to the Olympic Lottery Distribution Fund to be paid into the National Lottery Distribution Fund.
(3)An order under this section shall in respect of any payment specify, or enable the Secretary of StateF1... to specify, whether it is to be—
(a)treated as having been paid into the National Lottery Distribution Fund by virtue of section 5(6) of the National Lottery etc. Act 1993 (general payments into fund), or
(b)allocated entirely for expenditure on or connected with sport and held in accordance with section 23(2) of that Act (distributing bodies for sports).
(4)Provision by virtue of subsection (3)(b) may provide for section 23(2) of that Act to apply with specified modifications (which may, in particular, include modifications reducing a distributor’s share to nil).
Textual Amendments
F1Words in s. 28 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(d)
Commencement Information
I1S. 28 in force at 8.4.2005 by S.I. 2005/1134, art. 2