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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 21 December 2010 - onwards
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51. Minister may impose certain conditions in relation to financial support.

(1) Nothing in this Act or in any other enactment, and no rule of law, prevents the Minister, when providing a financial support facilitated by this Act or pursuant to any other enactment, from imposing any terms and conditions which any other provider of financial support to the relevant institution concerned would be entitled to impose or which the Minister considers desirable to impose in order to protect the public interest.

(2) In considering the terms and conditions to be imposed in respect of any future financial support the Minister may, insofar as those terms and conditions relate to bonus payments payable by the relevant institution concerned to its employees or officers, take into account -

(a) the extent of the financial support already provided to the relevant institution,

(b) the benefits already received, and to be received, by the relevant institution and its officers and employees and in particular the fact that those officers and employees have received or will receiv

Comparing proposed amendment...