This section has no associated Explanatory Notes
5(1)Section 10 (government grants to the regional development agencies) shall be amended as follows.
(2)At the beginning there shall be inserted “(1)”.
(3)In the subsection (1) so formed, after “agency” there shall be inserted “other than the London Development Agency”.
(4)After the subsection (1) so formed there shall be inserted—
“(2)The Secretary of State may, with the approval of the Treasury, make to the Greater London Authority grants of such amounts, and on such terms, as he thinks fit.
(3)Any grant made under subsection (2) shall be made for the purposes of the London Development Agency.”