Grants and loans to [F1 Crown Estate Scotland] S

17.—(1) The Scottish Ministers may make grants and loans to [F1 Crown Estate Scotland].(1)

[F2 (1A) Crown Estate Scotland may not otherwise borrow money.]

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

(3) The Scottish Ministers may, from time to time after the grant or loan is made, vary the conditions on which it was made.

Textual Amendments

F1 Words in arts. 3-19 substituted (1.4.2020) by Scottish Crown Estate Act 2019 (asp 1), s. 46(2), sch. 1 para. 11(1)(b); S.S.I. 2020/77, reg. 2(1), sch. 1

F2 Art. 17(1A) inserted (1.4.2020) by Scottish Crown Estate Act 2019 (asp 1), s. 46(2), sch. 2 para. 2(4); S.S.I. 2020/77, reg. 2(1), sch. 1

Commencement Information

I1 Art. 17 in force at 16.2.2017, see art. 1(1)