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National Lottery Act 1998

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This is the original version (as it was originally enacted).

25Interpretation of Part II

(1)In this Part of this Act—

  • “financial year”, in relation to NESTA, means—

    (a)

    the period beginning with the date on which NESTA is established and ending with the next 31st March following that date, and

    (b)

    each successive period of twelve months ending with 31st March;

  • “the National Lottery Distribution Fund” has the same meaning as in the 1993 Act;

  • “NESTA” means the National Endowment for Science, Technology and the Arts.

(2)Any reference in this Part of this Act to the arts includes a reference to—

(a)architecture, design or crafts;

(b)the film, audio-visual or broadcasting industries; and

(c)the music industry.

(3)Any reference in this Part of this Act to property includes a reference to intellectual property.

(4)Any directions under this Part of this Act shall be given in writing and may be varied or revoked by subsequent directions.

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