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- Original (As enacted)
This is the original version (as it was originally enacted).
(1)The Secretary of State may—
(a)develop, provide, maintain or improve, or
(b)enter into financial or other arrangements with any person for the development, provision, maintenance or improvement of,
such apparatus, systems or other facilities or services as the Secretary of State considers appropriate for enabling or otherwise facilitating compliance by the Secretary of State, another public authority or any other person with this Act.
(2)Arrangements falling within subsection (1)(b) may, in particular, include arrangements consisting of the giving of financial assistance by the Secretary of State.
(3)Such financial assistance—
(a)may, in particular, be given by way of—
(i)grant,
(ii)loan,
(iii)guarantee or indemnity,
(iv)investment, or
(v)incurring expenditure for the benefit of the person assisted, and
(b)may be given subject to terms and conditions determined by the Secretary of State.
(4)Terms and conditions imposed by virtue of subsection (3)(b) may include terms and conditions as to repayment with or without interest.
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