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Grants and loans

7Grants 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.