PART 1 U.K.Organising Committee

1Financial assistanceU.K.

(1)The Secretary of State may provide financial assistance to the Organising Committee—

(a)for the purpose of delivering the Games, or

(b)for any other purpose connected to, or arising from, the Games.

(2)Financial assistance under subsection (1)—

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

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

(3)In this Act—