Paragraph 5
United Kingdom
Any functions of the Treasury under F1section 7 of the Government Resources and Accounts Act 2000 shall, subject to sub-paragraph (2), be exercisable in relation to the Agency with the consent of the other relevant authorities and after consulting the Agency.
The consent of a relevant authority is not required if the operations concerned do not include operations carried out in or in relation to the jurisdiction for which it is the relevant authority.
If a direction under F2section 7of that Act is given in respect of the Agency, that section shall have effect as if any reference to Parliament or the House of Commons included a reference to each of the other relevant bodies, other than the relevant body for any jurisdiction referred to in sub-paragraph (2).
Annotations
Textual amendments
- F1
Words in Sch. 4 para. 5(1) substituted (1.4.2001) by 2000 c. 20, s. 29(1), Sch. 1 para. 26(3)(a); S.I. 2000/3349, art. 3(1)(a)
- F2
Words in Sch. 4 para. 5(3) substituted (1.4.2001) by 2000 c. 20, s. 29(1), Sch. 1 para. 26(3)(b); S.I. 2000/3349, art. 3(1)(a)
Notes on Accounts under section 7 of the Government Resources and Accounts Act 2000
Textual amendments
- F1
Sch. 4 para. 5: words in the heading to the paragraph substituted (1.4.2000) by 2000 c. 20, s. 29(1), Sch. 1 para. 26(3)(a); S.I. 2000/3349, art. 3(1)(a)