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18(1)In exercising its functions the Authority shall—
(a)have regard to any guidance given by the Secretary of State, and
(b)comply with any direction given by the Secretary of State.
(2)A direction may, in particular—
(a)require the Authority to accept or assume specified duties, rights or liabilities under contracts,
(b)require the Authority to obtain the Secretary of State’s consent before taking action of a specified kind,
(c)require the Authority to provide information,
(d)relate to the employment of staff, or
(e)with the consent of the Treasury, relate to—
(i)the form of accounts, or
(ii)methods and principles for the preparation of accounts.
(3)Before giving a direction, other than one of a kind described in sub-paragraph (2)(e), the Secretary of State shall, unless he thinks it impracticable because of urgency, consult—
(a)the Authority, and
(b)the Mayor of London.
(4)Before giving guidance or a direction which the Secretary of State thinks may affect Scotland otherwise than in respect of a reserved matter (within the meaning of the Scotland Act 1998 (c. 46)) the Secretary of State shall consult the Scottish Ministers.
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