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5.—(1) The Department of Culture, Arts and Leisure may incur expenditure in connection with any event to which this Article applies.
(2) In particular that Department may provide financial assistance to any body which has among its objectives the organisation or promotion of such an event.
(3) In paragraph (2) “financial assistance” means assistance by way of grants or loans on such conditions (including conditions as to repayment) as that Department may determine.
(4) This Article applies to any sporting, cultural or other event which in the opinion of that Department is likely to—
(a)attract substantial community involvement in Northern Ireland;
(b)improve the image of Northern Ireland; or
(c)otherwise be of economic benefit to Northern Ireland.
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