The London Development Agency will fund the bi-annual event to the tune of £4.236 million over a three-year period.

But the LDA wants a break clause written into the agreement allowing it to halt funding if the British Fashion Council (BFC) does make efforts to implement recommendations of the independent Model Health Inquiry.

The inquiry, launched in response to concerns over eating disorders, last month produced a raft of recommendations which aim to improve the health of London Fashion Week models.

These include banning under-16s from the catwalk and asking models to undergo medical checks.

Responding to a query from Dee Doocey, Liberal Democrat culture spokesperson on the London Assembly, Mayor of London Ken Livingstone said: "The various terms of the grant agreement are still being discussed with British Fashion Council, but LDA lawyers have written into the agreement a break clause should the BFC not clearly make its best efforts to implement the recommendations of the Model Health Inquiry."

LDA officers will report to the Mayor's office about the BFC's actions.

Dee Doocey welcomed the break clause in the funding contract, adding: "There must be a watertight agreement to implement the recommendations of the Model Health Inquiry and the LDA must not fund London Fashion Week unless this happens."