A Minister of the Crown may give a final notice to a public authority only if a Minister of the Crown has decided in accordance with section 55 to impose a requirement under this Part on the authority.
The final notice must—
and set out the reasons for that determination;
In subsection (2)(b) and (e) the "total amount of the sanction" means the sum of the following—
and the day specified for the purposes of paragraph (b) must be no later than the day on which the final notice is given to the authority.
In subsection (2)(b) "future periodic payments" means periodic payments due from the United Kingdom other than—
The requirement to make payments towards periodic payments falling due from the United Kingdom after the notice is given continues so long as those periodic payments continue to fall due, unless a Minister of the Crown gives the authority a notice under this subsection terminating the requirement or varying it so as to make it less onerous for the authority.
A notice under subsection (5) may be given, either on the application of the authority or without such an application, where a Minister of the Crown considers it appropriate in the light of a change in the circumstances which applied when the final notice was given or when it was last varied (as the case may be).
A Minister of the Crown may—
before deciding whether to terminate or vary the requirement mentioned in subsection (5).
If the authority makes an application under subsection (6) a Minister of the Crown may by notice to the authority suspend the requirement until further notice (but this does not affect the liability to make any payment once the suspension is ended, unless the final notice is varied to have that effect).