Implementation bodies.

1 The Secretary of State may make an order about any body— a which he considers to be an implementation body; and b which is, or is to be, established on or before the appointed day. 2 An order under this section may make any such provision as may be made (after the appointed day) by Act of the Assembly and may in particular— a confer on the body the legal capacities of a body corporate; b confer on the body any function which the Secretary of State considers necessary or expedient for the purpose for which it is, or is to be, established; c confer on a Northern Ireland department power to make grants to the body out of money appropriated by Act of the Assembly; d make provision as to the accounting and audit arrangements which are to apply in relation to the body; and e make consequential or supplementary provisions, including provisions amending or repealing any Northern Ireland legislation, or any instrument made under such legislation. 3 In this section “ implementation body ” means a body for implementing, on the basis mentioned in paragraph 11 of Strand Two of the Belfast Agreement, policies agreed in the North-South Ministerial Council.