The Secretary of State may make payments out of money provided by Parliament to the Council of such amounts, at such times and on such conditions (if any) as he considers appropriate.

An appropriate authority may make payments to the Council of such amounts, at such times and on such conditions (if any) as it considers appropriate.

The Secretary of State may make loans out of money provided by Parliament to the Council on such terms (including terms as to repayment and interest) as he may determine.

An appropriate authority may make loans to the Council on such terms (including terms as to repayment and interest) as it may determine.

The approval of the Treasury is required as to the amount and terms of any loan under sub-paragraph (3).

Except as provided by sub-paragraphs (3) and (4), the Council has no power to borrow money.

The Secretary of State may give directions to the Council as to the application of any sums received by it under sub-paragraph (1) or (3).

An appropriate authority may give directions to the Council as to the application of any sums received by it from the authority under sub-paragraph (2) or (4).

The Council must comply with any directions under sub-paragraph (7) or (8).

In this paragraph, “appropriate authority” means the National Assembly for Wales, the Scottish Ministers or the Department of Health, Social Services and Public Safety in Northern Ireland.