# The Olympic Lotteries (Payments out of Fund) Regulations 2006, Regulation 2: Payments in respect of expenses of the Secretary of State and National Debt Commissioners


(1) Subject to paragraph (2), at such times and for such amounts as the Secretary of State determines to be appropriate, there shall be payments from the Fund in respect of —
(a) expenses of the Secretary of State in connection with functions under Part 3 of the 2004 Act, and
(b) expenses incurred or to be incurred by the National Debt Commissioners in making investments under section 27 of the 2004 Act.
(2) Payments under paragraph (1) may only be made with the consent of the Treasury.

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Source: https://www.legislation.gov.uk/uksi/2006/655/regulation/2 (the official version)
Page: https://openlegislation.uk/olympic-lotteries-payments-out-of-fund-regulations-2006/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.