Section 12 Financial duties of the Agency.F1

Northern Ireland

(1)

After consultation with the Agency, the Secretary of State may, with the approval of the Treasury, determine the financial duties of the Agency, and different determinations may be made in relation to different functions and activities of the Agency.

(2)

The Secretary of State shall give the Agency notice of every determination, and a determination may—

(a)

relate to a period beginning before the date on which it is made;

(b)

contain incidental or supplemental provisions; and

(c)

be varied by a subsequent determination.

Annotations

Textual amendments

F1: Act except ss. 1, 20, 28, and paras. 1 to 6, 11 to 14, 16 and 17 of Sch. 1 repealed (E.W.S.) (1.4.1991) by 1990 c. 35, ss. 22(1), 23(4), 38(2), Sch. 3, Sch. 5 Pt. II; Enterprise and New Towns (Scotland) Act 1990 Transfer Dates Order dated 1.3.1991.