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Financial Assistance Act (Northern Ireland) 2009

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Financial Assistance Act (Northern Ireland) 2009, Section 4 is up to date with all changes known to be in force on or before 21 August 2017. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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Financial assistanceN.I.

This section has no associated Explanatory Notes

4—(1) A scheme may provide for financial assistance to be given in any form, including, in particular, by way of a grant, loan or guarantee.

(2) A scheme may provide for financial assistance to be provided subject to such conditions as may be specified in, or determined in accordance with, the scheme.

(3) Those conditions may include (in the case of a grant) conditions for repayment in specified circumstances.

(4) A scheme may provide for financial assistance to be provided–

(a)directly to those entitled to receive it under the scheme; or

(b)indirectly (for example by being made to a public body on terms which require that body to provide financial assistance to those so entitled).

(5) Financial assistance may be provided under this Act even though other powers to provide financial assistance exist.

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