Grants by the Department to relevant undertakersN.I.
213.—(1) The Department may make grants to relevant undertakers for the purpose of defraying or contributing towards(
(a)any costs they may incur; or
(b)any losses they may sustain,
by reason of compliance with requirements imposed by regulations under Article 202.
(2) A grant under paragraph (1)—
(a)shall be of such amount;
(b)shall be payable at such time or times; and
(c)shall be paid subject to such conditions,
as the Department, with the approval of DFP, may determine.
(3) The Department shall make grants to relevant undertakers of amounts appearing to the Department to be equal to discounts provided by undertakers in respect of any charges payable to them in, or in respect of, the initial period.
(4) In paragraph (3) “the initial period” means the period of three years from the day appointed for the coming into operation of Article 200.
(5) Grants under paragraph (3)—
(a)shall be payable at such time or times; and
(b)shall be paid subject to such conditions,
as the Department, with the approval of DFP, may determine.
Commencement Information
I1Art. 213 wholly in operation at 1.4.2007, see art. 1(2) and S.R. 2007/194, art. 2(2), Sch. 1 Pt. II (subject to art. 3, Sch. 2)