PART 6FURTHER MODIFICATIONS IN RELATION TO THE HISTORIC ENVIRONMENT
Grants and loans
I120Grants and loans by the Scottish Ministers
1
The Historic Buildings and Ancient Monuments Act 1953 (c.49) is amended as follows.
2
In section 4 (grants for preservation of historic buildings etc.)—
a
in subsection (1) “outstanding” in each place is repealed,
b
after that subsection insert—
1A
The power conferred by subsection (1) to make grants for the purposes mentioned includes power to make loans for those purposes.
c
in subsection (3) after “grant” in both places insert “
or loan
”
,
d
after subsection (4) insert—
5
A grant or loan made under this section is to be made on such terms and conditions (including as to repayment and, in the case of a loan, payment of interest) as the Scottish Ministers may determine.
e
the title to the section becomes “
Grants and loans for preservation of historic buildings etc.
”
.
3
In the 1979 Act, in section 45A (grants and loans for the development and understanding of matters of historic etc. interest) subsection (3) is repealed.