Part II DISTRIBUTION OF THE NET PROCEEDS OF THE NATIONAL LOTTERY

F1The Big Lottery Fund

Annotations:
Amendments (Textual)
F1

S. 39A and cross-heading inserted (1.8.2006) by National Lottery Act 2006 (c. 23), ss. 14(1), 22(1); S.I. 2006/2177, art. 2

C136BF2Power to distribute funds

1

The Big Lottery Fund may make grants or loans, or make or enter into other arrangements, for the purpose of complying with section 25(1).

2

A grant or loan may be subject to conditions (which may, in particular, include conditions as to repayment with interest).

3

The F3Secretary of State may by order make provision limiting the amounts distributed under subsection (1).

4

An order under subsection (3) may in particular—

a

specify a maximum amount that may be distributed during a specified period for expenditure of a description prescribed under section 22(3A);

b

specify a minimum amount that must be distributed during a specified period for expenditure of a description prescribed under section 22(3A);

c

make provision by reference to the aggregate of amounts distributed, to a percentage of amounts available for distribution or otherwise;

d

make provision (which may, in particular, confer a power on the Fund) for the treatment of expenditure which satisfies more than one prescribed description.

5

Before making an order under subsection (3) the F4Secretary of State shall consult—

a

the Fund,

b

the National Assembly for Wales,

c

the Scottish Ministers,

d

the Northern Ireland Department of Culture, Arts and Leisure, and

e

such other persons (if any) as he thinks appropriate.