London Olympic Games and Paralympic Games Act 2006

IncomeE+W+S+N.I.

26(1)The Secretary of State may give financial assistance to the Authority if he thinks that other sources of financial assistance will or may be insufficient for a purpose.E+W+S+N.I.

(2)Financial assistance under sub-paragraph (1)—

(a)may take the form of grants, loans, guarantees or indemnities, and

(b)may be given on conditions (which may include conditions about repayment with or without interest).

27The Authority may accept gifts.E+W+S+N.I.