Grants and loans

I17Grants and loans

1

The Scottish Ministers may make grants to NLS.

2

In addition to any grants made under subsection (1), the Scottish Ministers may make grants to NLS for particular purposes.

3

A grant under subsection (1) or (2) is subject to such terms and conditions (including conditions as to repayment) as the Scottish Ministers may determine.

4

NLS may make grants and loans to such persons as it considers appropriate—

a

for the purposes of, or in connection with, the exercise of its functions,

b

where it appears to be conducive to the exercise of its functions.

5

A grant or loan under subsection (4) is subject to such terms and conditions (including conditions as to repayment) as NLS may determine.