Textual Amendments
F1Sch. 2A inserted (1.4.2002 save for Sch. 2A para. 4 which remains prosp.) by 2001 c. 16, s. 128(1), Sch. 6 Pt. 1 para. 21 (with s. 128(2)); S.I. 2002/344, art. 3(k) (with art. 4)
1(1)For the purpose of exercising its functions a Service Authority may, subject to the provisions of this Act—
(a)enter into contracts and other agreements (whether legally binding or not);
(b)acquire and dispose of property (including land);
(c)borrow money; and
(d)do such other things as the Authority thinks necessary or expedient.
(2)But the Authority may exercise a power conferred by sub-paragraph (1)(b) or (c) only with the consent of the Secretary of State.
(3)Such consent may be given—
(a)with respect to a particular case or with respect to a class of cases;
(b)subject to such conditions as the Secretary of State considers appropriate.]