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Paragraph 15 I1I2F1

(1)

In connection with the exercise of any of its functions F2ISA may—

(a)

enter into contracts and other agreements (whether legally binding or not);

(b)

acquire and dispose of property (including land);

(c)

borrow money;

(d)

do such other things as ISA thinks necessary or expedient.

(2)

The power conferred by sub-paragraph (1)(b) includes accepting—

(a)

gifts of money, and

(b)

gifts or loans of other property,

on such terms as ISA thinks appropriate.

(3)

But ISA may exercise the power conferred by sub-paragraph (1)(b) or (c) only with the consent of the Secretary of State.

(4)

Such consent may be given—

(a)

with respect to a particular case or with respect to a class of cases;

(b)

subject to such conditions as the Secretary of State thinks appropriate.

Annotations

Textual amendments

F1

Sch. 1 ceases to have effect (1.12.2012) by virtue of The Protection of Freedoms Act 2012 (Disclosure and Barring Service Transfer of Functions) Order 2012 (S.I. 2012/3006), arts. 1(1), 112 (with Pt. 4)

F2

Words in Sch. 1 paras. 9-16 substituted (12.11.2009) by Policing and Crime Act 2009 (c. 26), ss. 81(2)(3)(m)(ii), 116(5)(a)

Commencement

I1

Sch. 1 para. 15 in force at 2.1.2008 for E.W. by S.I. 2007/3545, art. 3

I2

Sch. 1 para. 15 in force at 31.3.2008 for N.I. by S.I. 2008/930, art. 2(a)

Notes on Schedule 1

Textual amendments

F2

Words in Sch. 1 heading substituted (12.11.2009) by Policing and Crime Act 2009 (c. 26), ss. 81(2)(3)(m)(ii), 116(5)(a)