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Part IIU.K. Transfer or delegation of ECGD functions

Commencement Information

I1Part II wholly in force at 23.10.1991 see s. 15(6) and S.I. 1991/2430 art. 2

12 Delegation of assistance function.U.K.

(1)The Secretary of State may make arrangements for any of the functions to which this section applies to be exercised on his behalf by any transferee or any other person, instead of through the Export Credits Guarantee Department, on such terms and conditions as he may determine.

(2)This section applies to the power of the Secretary of State to make arrangements under section 1 of this Act and to any functions of his under arrangements so made, or arrangements under the old law, including, so far as relating to any such arrangements, arrangements made by virtue of section 3(4) of this Act.

(3)This section does not affect any requirement for the consent of the Treasury.

Commencement Information

I2S. 12 wholly in force at 23.10.1991 see s. 15(6) and S.I. 1991/2430, art. 2