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elect not to become Participating Political Subdivisions, if any, shall be <br />reallocated ratably to the Participating Political Subdivisions. <br />5. To the extent a Settlement requires that all Opioid Funds be used only for abatement <br />or similar purposes, then the Subdivision Share and the Commonwealth Share shall <br />be used for Approved Abatement Purposes. <br />7. To receive funds allocated under this MOU from any Settlement, the <br />Commonwealth and the Participating Political Subdivisions will comply with the <br />terms of any such Settlement, including, among other things, any reporting <br />requirements or restrictions on the use of funds for administrative purposes. <br />C. Virginia Opioid Abatement Fund and Virginia Opioid Abatement Authority <br />The Parties have sought creation of a Virginia Opioid Abatement Authority <br />( "Authority ") through legislation suhmitted to the Virginia General Assembly, <br />which passed in the form attached hereto as Exhibit B. The Authority shall <br />administer the Fund, which also shall be created through the legislation. The <br />Authority shall seek to abate and remediate the opioid epidemic in Virginia through <br />financial support from the Fund in the form of grants, donations, or other assistance, <br />for efforts to treat, prevent, and reduce opioid use disorder and the misuse of opioids <br />in Virginia. <br />2. The Authority shall be governed by a Board of Directors consisting of 11 members <br />as follows: (i) the Secretary of Health and Human Resources, or his designee; (ii) <br />the Chair of the Senate Committee on Finance and Appropriations or his designee <br />and the Chair of the House Committee on Appropriations or his designee; (iii) an <br />elected member of the governing body of a Participating Political Subdivision, to <br />5 <br />