(1) The Secretary of State may make grants in respect of capital expenditure incurred (or to be incurred) ... by local policing bodies.
(2) Grants under this section may be made either unconditionally or subject to conditions.
(3) The Secretary of State shall exercise his powers under this section only with the approval of the Treasury.
(4) Any grant under subsection (1) in respect of expenditure incurred (or to be incurred) by the Mayor's Office for Policing and Crime shall be paid to the Greater London Authority.
(5) Where the Greater London Authority receives a grant under this section, it shall forthwith account for the grant to the Mayor's Office for Policing and Crime and pay it over to that Office.