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There are currently no known outstanding effects for the Dormant Bank and Building Society Accounts Act 2008, Cross Heading: Strategic plans for Wales.
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2(1)If the Welsh Ministers instruct it to do so, the Big Lottery Fund shall—U.K.
(a)prepare and adopt a strategic plan for Wales,
(b)review and modify any such plan that it has adopted, or
(c)replace any such plan that it has adopted by preparing and adopting another.
(2)In this paragraph “strategic plan for Wales” means a statement containing the Fund's policies for the distribution of [F1dormant assets money] for meeting Welsh expenditure.
(3)A strategic plan for Wales must include—
(a)a statement of any directions under section 22 given to the Fund by the Welsh Ministers;
(b)a statement of the Fund's assessment of the needs in Wales that the Fund has power to deal with, in whole or in part, by distributing [F1dormant assets money];
(c)a statement of the Fund's priorities in dealing with those needs by the distribution of [F1dormant assets money].
(4)A strategic plan for Wales must be such as to demonstrate how the Fund is complying with any directions to which sub-paragraph (3)(a) applies.
(5)Before adopting a strategic plan for Wales, the Fund shall—
(a)consult such other bodies as it thinks fit for the purpose of identifying the needs mentioned in sub-paragraph (3)(b) and formulating the policies to be adopted for dealing with those needs;
(b)prepare a draft of the proposed plan;
(c)send a copy of the draft to the Welsh Ministers;
(d)after consultation with the Welsh Ministers, make such modifications to the draft as it considers necessary or expedient.
(6)Where the Fund adopts a strategic plan for Wales—
(a)the Fund shall send copies of the document containing the plan to the Welsh Ministers;
(b)the Welsh Ministers shall lay a copy of the document before the National Assembly for Wales.
Textual Amendments
F1Words in Sch. 3 substituted (6.6.2022) by Dormant Assets Act 2022 (c. 5), s. 34(3), Sch. 1 para. 12(3)(a); S.I. 2022/582, reg. 2
Commencement Information
I1Sch. 3 para. 2 in force at 12.3.2009 by S.I. 2009/490, art. 2
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