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(1)Financial assistance under section 34(2)(g) may be given on terms or conditions (which may, in particular, include terms or conditions for repayment with or without interest).
(2)The Greater London Authority may accept contributions towards expenditure in connection with the London Olympics.
(3)The Secretary of State may, after the conclusion of the London Olympics, repeal section 34 and this section by order made by statutory instrument; and the order may—
(a)include savings (which may include provision saving, to such extent as may be specified and whether or not subject to modifications, the effect of a provision of the Greater London Authority Act 1999 or another primary or subordinate enactment in so far as it applies in relation to section 34);
(b)include transitional provision (which may include provision relating to the effect of a provision of an enactment in so far as it applies in relation to section 34);
(c)include provision for the transfer of property, rights or liabilities (which may, in particular, include provision for transfer—
(i)to the Secretary of State or to any other person whether or not exercising functions of a public nature;
(ii)on terms and conditions, whether as to payment or otherwise;
(iii)of liabilities whether arising under the Host City Contract or otherwise;
(iv)of rights or liabilities in relation to legal proceedings);
(d)include provision of any other kind relating to the management, control or treatment of anything constructed or done in accordance with section 34(1);
(e)include incidental or consequential provision;
(f)make provision having effect generally or only for specified cases or purposes;
(g)make different provision for different cases or purposes.
(4)Before making an order under subsection (3) the Secretary of State shall consult the Mayor of London.
(5)An order under subsection (3) shall be subject to annulment in pursuance of a resolution of either House of Parliament.
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