Part I

The Sea Fish Industry Authority

Financial provisions

Government grants.
8
The Ministers may, with the consent of the Treasury, make grants to the Authority, on such conditions as they think fit, in respect of—
a
any expenses incurred by the Authority in fulfilling a guarantee given under section 3(1)(f) above;
b
any loss incurred by the Authority by reason of foreign exchange fluctuations where the Authority has borrowed money in one currency and lent it in another.