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(1)The Scottish Ministers may make grants to the Commission of such amounts as they consider appropriate.
(2)Any grant under this section may be made on such terms and subject to such conditions (including conditions as to repayment) as the Scottish Ministers consider appropriate; and the Scottish Ministers may from time to time after the grant is made vary such terms and conditions.
(3)For the purpose of the exercise of any of its duties or powers under this Part—
(a)the Commission may, subject to such conditions as the Scottish Ministers think fit, borrow from them;
(b)the Scottish Ministers may lend to the Commission,
sums of such amounts as the Ministers may determine.
(4)Any loan made in pursuance of subsection (3) is to be repaid to the Scottish Ministers at such times and by such methods, and interest on the loan is to be paid to them at such times and at such rates, as they may from time to time direct.
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Text created by the Scottish Executive department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills
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