Part II DISTRIBUTION OF THE NET PROCEEDS OF THE NATIONAL LOTTERY
The Big Lottery Fund
F136BPower to distribute funds
(1)
The Big Lottery Fund may make grants or loans, or make or enter into other arrangements, for the purpose of complying with section 25(1).
(2)
A grant or loan may be subject to conditions (which may, in particular, include conditions as to repayment with interest).
(3)
The F2Secretary of State may by order make provision limiting the amounts distributed under subsection (1).
(4)
An order under subsection (3) may in particular—
(a)
specify a maximum amount that may be distributed during a specified period for expenditure of a description prescribed under section 22(3A);
(b)
specify a minimum amount that must be distributed during a specified period for expenditure of a description prescribed under section 22(3A);
(c)
make provision by reference to the aggregate of amounts distributed, to a percentage of amounts available for distribution or otherwise;
(d)
make provision (which may, in particular, confer a power on the Fund) for the treatment of expenditure which satisfies more than one prescribed description.
(5)
Before making an order under subsection (3) the F3Secretary of State shall consult—
(a)
the Fund,
(b)
the National Assembly for Wales,
(c)
the Scottish Ministers,
(d)
the Northern Ireland Department of Culture, Arts and Leisure, and
(e)
such other persons (if any) as he thinks appropriate.