Part INational Enterprise Board

Establishment of Board

7General power of Secretary of State to give Board directions

(1)Subject to subsection (2) below, the Secretary of State may give the Board directions of a general or specific character as to the exercise of their functions; and it shall be the duty of the Board to give effect to any such directions.

(2)The Secretary of State shall consult the Board about any proposed direction under this section.

(3)Subject to paragraph 8(4) of Schedule 2 below, when the Secretary of State gives a direction under this section, he shall either—

(a)lay a copy of the direction before each House of Parliament within 28 days of giving it; or

(b)lay a copy later, but lay with it a statement of the reason why a copy was not laid within 28 days.

(4)The Board's report for any accounting year shall set out any direction given under this section during that year.