Global grant bodies7

1

A designation under Article 42(1) of a global grant body shall be made by notice in writing directed to the body concerned.

2

Neither the Secretary of State nor the Managing Authority shall designate a global grant body without the consent of the body concerned and without first consulting the Agency.

3

Where any part of the Operational Programme has been entrusted to a global grant body, that body shall manage and implement that part in accordance with the provisions of the agreement that it concludes with the Secretary of State or the Managing Authority under Article 42(1).

4

The Secretary of State may at any time by notice in writing revoke the designation of a global grant body made by the Secretary of State.

5

The Managing Authority may at any time by notice in writing revoke the designation of a global grant body made by the Managing Authority.