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Part VMiscellaneous and supplementary

Financial assistance: inland waterway and sea freight

272Financial assistance for inland waterway and sea freight

(1)The Secretary of State may make grants or other payments for the purpose of securing or encouraging the carriage of goods by inland waterway or by sea rather than by road where he is satisfied that that is in the public interest.

(2)Grants or payments under this section may in particular be made in respect of facilities for or in connection with the carriage of goods by inland waterway or by sea (including facilities for loading or unloading goods).

(3)Grants or payments under this section shall be of such amount and subject to such conditions (including conditions requiring their repayment in specified circumstances) as the Secretary of State may determine.

(4)So far as it relates to inland waterways in Wales the power conferred by this section is a power of the National Assembly for Wales.

(5)The power conferred by this section may only be exercised in or as regards Scotland if its exercise relates to reserved matters within the meaning of the [1998 c. 46.] Scotland Act 1998.

(6)In this section “inland waterway” includes both a natural and an artificial inland waterway.