The Secretary of State must, in relation to each financial assistance scheme1:
(1) monitor the impact of the scheme2; and
(2) make one or more reports on the impact and effectiveness of the scheme (having had regard to the findings of that monitoring)3.
The Secretary of State may, in relation to any financial assistance4 given otherwise than under a financial assistance scheme:
(a) monitor the impact of the financial assistance5; and
(b) make one or more reports on the
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