OpenLegislation

Paragraph 8

Original text. Later amendments are not shown.

(a)

In the case of recurrent grant paid to them in accordance with these Regulations, requirements with respect to—

(i)

the purpose for which the board of management may retain the sum mentioned at paragraph 5(a)(i), and the use to which such sum shall be put; and

(ii)

an increase in the sum which the board may so retain; and

(b)

in the case of capital and special purpose grants so paid, a requirement that any such grant is used before such date as the Secretary of State may specify in relation to it.