§
`.—(1) A person appointed by the Secretary of State may exercise any function conferred on the Secretary of State by section 19 or (Approval etc. of meters) above (other than the power to make orders) to such extent and subject to such conditions as may be specified in the appointment; and an appointment under this section may authorise the person appointed to retain any fees received by him.
(2) Before appointing any person under this section, the Secretary of State shall consult with the persons running the telecommunications systems concerned, or with such organisations as appear to the Secretary of State to be representative of those persons.
(3) The Secretary of State may at any time vary or revoke an appointment made by him under this section.
(4) The Secretary of State may, with the approval of the Treasury, make grants or loans to persons appointed under this section.
(5) Any loans under this section shall be repaid to the Secretary of State at such times and by such methods and interest thereon shall be paid to him at such rates and at such times as he may, with the approval of the Treasury, from time to time direct.
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(6) There shall be paid out of money provided by Parliament any sums required by the Secretary of State for making grants under this section; and the Treasury may issue out of the National Loans Fund such sums as are necessary to enable him to make loans under this section.
(7) Any sums received by the Secretary of State under subsection (5) above shall be paid into the National Loans Fund.'—[Mr. Kenneth Baker.]
§ Brought up, read the First and Second time, and added to the Bill.