SCHEDULES

SCHEDULE 1The Olympic Delivery Authority

Part 3Money

Income

26

1

The Secretary of State F1... may give financial assistance to the Authority if he thinks that other sources of financial assistance will or may be insufficient for a purpose.

2

Financial assistance under sub-paragraph (1)—

a

may take the form of grants, loans, guarantees or indemnities, and

b

may be given on conditions (which may include conditions about repayment with or without interest).