PART 3Transport
Grants to bus service operators10.
(1)
Subject to paragraphs (2) to (4), the function of the Secretary of State set out in section 154(1) (grants to bus service operators) of the 2000 Act is exercisable by the Combined Authority in relation to the Area.
(2)
For the purpose of paragraph (1), section 154(1) of the 2000 Act shall have effect as if “with the approval of the Treasury” were omitted.
(3)
Grants made by virtue of the function conferred by paragraph (1) must be—
(a)
calculated in accordance with such method as may be provided by any regulations made by the Secretary of State by virtue of section 154(2) of the 2000 Act;
(b)
subject to sub-paragraph (a), of such amount and subject to such conditions (including conditions requiring their repayment in specified circumstances) as may be determined by the Secretary of State by virtue of section 154(3) of the 2000 Act and notified to the Combined Authority.
(4)
Grants must not be made by virtue of the function conferred by paragraph (1) to the extent that eligible bus services operate outside the Area.
(5)
The function mentioned in paragraph (1) is exercisable concurrently with the Secretary of State in relation to the Area.
(6)
In this article, “eligible bus services” has the meaning given by section 154(5) of the 2000 Act.