The Act Commentary on Sections Section 71: Power of the National Assembly for Wales to give financial assistance to charitable, benevolent or philanthropic institutions
245.This section gives the National Assembly for Wales an express statutory power to give financial assistance to organisations that are established for charitable, benevolent or philanthropic purposes. This power extends to funding only those activities which directly or indirectly benefit the whole or part of Wales.
246.Under section 71 the Assembly may give financial assistance in any form (subsection (2)). Such assistance may be given subject to terms and conditions (subsections (3) and (4)). The Assembly may delegate its functions under this section (subsections (6) and (7)).
247.The Assembly must report annually on the exercise of the power under this section (subsection (8)).