Local Government Act 1966

9 Grants for reclamation of derelict land.

(1) Subject to the provisions of this section the Minister may, with the consent of the Treasury, pay to local authorities for the year 1967-68 and subsequent years grants of such amounts and payable at such times and subject to such conditions as he may from time to time determine, either generally or in the case of any particular authority, in respect of expenditure incurred by those authorities in or in connection with the acquisition at any time of land approved by the Minister for the purposes of this section, being—

(a) derelict, neglected or unsightly land requiring reclamation or improvement; or

(b) land required for purposes connected with the reclamation or improvement of such land as aforesaid,

or in or in connection with the carrying out on or after 1st April 1967 of works approved as aforesaid for the reclamation or improvement of any such land.

(2) Grants under this section may be made either as periodical grants in respect of the costs from time to time incurred or treated as incurred by a local authority in respect of the borrowing of money to defray expenditure qualifying for such grants, or as capital grants in respect of such expenditure or in substitution for such periodical grants.

(3) The amount of the grant which may be paid to a local authority under this section in respect of any land shall not exceed one-half of the expenditure incurred in acquiring the land and in carrying out any works for its reclamation or improvement, as approved by the Minister for the purposes of this section, reduced, unless the Minister otherwise determines, by the value of the land after carrying out those works, or one-half of the costs incurred or treated as incurred as aforesaid on account of that expenditure as so reduced.

(4) In this section " the Minister " in relation to local authorities in Wales and Monmouthshire means the Secretary of State; and " local authority" means a local authority within the meaning of the [1962 c. 38.] Town and Country Planning Act 1962.