PART IVTRADE AND BUSINESS DEVELOPMENT

The implementation body for trade and business development11

1

In this Part “the Body” means the Trade and Business Development Body established by the Agreement.

2

The functions of the Body shall, in accordance with paragraph 1 of Article 2 of the Agreement, be those specified in Part 3 of Annex 1 to the Agreement.

3

The arrangements specified in Parts 3 and 7 of Annex 2 to the Agreement shall, in accordance with paragraph 2 of Article 2 of the Agreement, apply in relation to the Body.

4

Paragraph 1 of Article 3 of the Agreement shall apply in relation to the Body.

5

Schedule 2 shall have effect in relation to the Body.

Grants to the body12

1

The Department of Enterprise, Trade and Investment may make grants to the Body out of money appropriated by Act of the Assembly.

2

Such grants shall be of such amounts and be made on such terms and conditions as that Department may, with the approval of the Department of Finance and Personnel, determine.

Annual report and accounts13

The Minister of Enterprise, Trade and Investment shall lay before the Assembly a copy of—

a

the annual report of the Body;

b

the annual statement of accounts of the Body, certified by the Comptroller and Auditor General; and

c

any report of the Comptroller and Auditor General on the statement of accounts.