10 Grants towards rent.E+W+S
(1)Where a designated district authority are satisfied that the taking by any person of a lease of a building which—
(a)is intended for use for industrial or commercial purposes; and
(b)is situated within a special area,
would benefit that area, they may, in respect of such period and by such instalments as they may determine, make a grant to that person towards the rent payable under that lease.
(2)Subsections (2) and (3) of section 3 above shall apply in relation to the making of grants under this section as they apply in relation to the making of grants under that section.