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Industrial Development Act 1982

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This is the original version (as it was originally enacted).

5Conditions

(1)In making a grant under this Part of this Act the Secretary of State may impose such conditions as he thinks fit.

(2)The Secretary of State may in particular impose a condition for repayment of all or any part of a grant in any circumstances, and in particular—

(a)if the asset in respect of which the grant is paid is not used, or ceases to be used, in the way specified in the condition, or

(b)if the premises cease to be qualifying premises.

(3)Schedule 1 to this Act shall have effect for supplementing the provisions of this section about the imposition of conditions.

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