Part 1: The Organising Committee Section 1: Financial assistance
This section enables the Secretary of State to provide financial assistance to the Birmingham Organising Committee for the 2022 Commonwealth Games Ltd ("the Organising Committee"). The Organising Committee is a private company limited by guarantee established for the purpose of delivering the Games. It is wholly owned by the Secretary of State and is an arm’s length body of the Department for Digital, Culture, Media and Sport.
	Financial assistance may be given for the delivery of the Commonwealth Games, or for any other purpose connected to, or arising from, the Commonwealth Games. For instance, this would enable the Secretary of State to fund any Organising Committee activities in relation to legacy programmes that may continue after the Games. Section 1(2) sets out that this assistance could be provided in the form of grants, loans, guarantees or indemnities and may be subject to conditions. Conditions which may be attached to any financial assistance will be set out in the Management Agreement which governs the relationship between government and the Organising Committee. The Management Agreement, which is updated annually, can be found online at: https://www.gov.uk/government/publications/birmingham-organising-committee-for-the-2022-commonwealth-games-ltd-management-agreement-201920 .
	Section 33(1) provides for this provision to come into effect on the day on which the Act is passed. This is because the provision is intended to provide specific statutory spending authority for financial propriety reasons and so it is appropriate for any funding to be made under that authority as soon as the Act is passed. Until that time, the Organising Committee will continue to be funded under section 70 of the Charities Act 2006.