Textual Amendments
F1Words in Pt. 3 Ch. 4 substituted (29.7.2010) by Academies Act 2010 (c. 32), s. 19(2), Sch. 2 para. 24; S.I. 2010/1937, art. 2, Sch. 1
(1)The Secretary of State may make grants to the YPLA for the purposes of any functions that are or may be conferred or imposed on the YPLA under [F1Academy agency arrangements].
(2)Grants to the YPLA under this section are to be made at such times and subject to such conditions (if any) as the Secretary of State thinks appropriate.
(3)Conditions to which a grant is subject may (in particular)—
(a)require the YPLA to use the grant for specified purposes;
(b)require the YPLA to comply with specified requirements in respect of persons or persons of a specified description;
(c)enable repayment (in whole or part) to be required of sums paid by the Secretary of State if any condition subject to which the grant was made is not complied with;
(d)require the payment of interest in respect of any period during which a sum due to the Secretary of State in accordance with any condition remains unpaid.
(4)Requirements which may be imposed under subsection (3)(b) include in particular requirements that, if the YPLA provides specified financial resources, it is to impose specified conditions.
Commencement Information
I1S. 78 in force at 1.4.2010 by S.I. 2010/303, art. 3, Sch. 2 (with arts. 9-11)