18(1)The Secretary of State may make grants to the YPLA for the purposes of any of its functions.
(2)Grants to the YPLA under this paragraph are to be made at such times and subject to such conditions (if any) as the Secretary of State thinks appropriate.
(3)Conditions to which a grant is subject may (in particular)—
(a)set the YPLA’s budget for any financial year;
(b)require the YPLA to use the grant for specified purposes;
(c)require the YPLA to comply with specified requirements in respect of persons or persons of a specified description in securing the provision of specified financial resources to such persons;
(d)enable repayment (in whole or part) to be required of sums paid by the Secretary of State if any condition subject to which the grant was made is not complied with;
(e)require the payment of interest in respect of any period during which a sum due to the Secretary of State in accordance with any condition remains unpaid.
(4)Requirements which may be imposed under sub-paragraph (3)(c) include in particular requirements that, if the YPLA provides specified financial resources, it is to impose specified conditions.
(5)The Secretary of State may not impose conditions which relate to the YPLA’s securing of the provision of financial resources to a particular person or persons.