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(1)The Secretary of State may, with the consent of the Treasury, make grants to the National Dock Labour Board in respect of costs incurred by the Board for the purpose of reducing the number of registered dock workers.
(2)Any sums required by the Secretary of State for making grants under this section shall be defrayed out of moneys provided by Parliament; and in making such a grant the Secretary of State may impose such conditions as he thinks fit.
(3)The aggregate amount of grants made under this section shall not exceed £10 million or such larger sum (not exceeding £40 million) as may be specified by an order made by the Secretary of State with the consent of the Treasury.
(4)The power to make an order under this section shall be exercisable by statutory instrument and no such order shall be made unless a draft of it has been laid before and approved by a resolution of the House of Commons.
(5)In this section " registered dock workers " means the persons whose names are entered in any register of dock workers kept under any scheme for the time being in force under the Dock Workers (Regulation of Employment) Act 1946.
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