100General GLA grant
This section has no associated Explanatory Notes
(1)For each financial year, the Secretary of State shall pay a grant (to be called “general GLA grant”) to the Authority.
(2)The grant shall be paid for the purposes of the Authority and the functional bodies.
(3)For each financial year the Secretary of State shall make a determination under this section.
(4)A determination shall state the amount of the grant for the year.
(5)Before making a determination, the Secretary of State shall consult the Mayor.
(6)The grant shall be paid in such instalments or such amounts and at such times as the Secretary of State may, with the Treasury’s consent, determine.