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Grants to local authorities. 29.(1) For the purposes of this Part of this Act the Ministry [after consultation with the Board] may make to a local authority... a grant of such portion of the capital expenditure reasonably and properly incurred by the local authority in connection with any scheme duly approved under section twenty-six of this Act as the Ministry with the approval of the Ministry of Finance may think proper.... (2) In determining whether to give any grant under this section and in considering the extent of any grant so to be given by it to any local authority the Ministry shall have regard to (a)the extent to which the scheme for the purposes of which the grant is given will promote the development of tourist traffic or encourage persons residing elsewhere to visit within the area of the local authority; (b)the revenue, if any, likely to be derived by the local authority as a result of the scheme; and (c)the circumstances which in the opinion of the Ministry render it desirable to carry out the scheme. (3) Grants payable under this section shall be paid at such times in such manner and subject to such conditions as the Ministry with the approval of the Ministry of Finance may determine. (4) No grant shall be paid under this section in respect of any matter in any case where a payment out of moneys provided by Parliament [or out of the Consolidated Fund] is payable in respect of that matter under any other enactment. [(5) There shall be charged on and issued out of the Consolidated Fund or (if the Ministry of Finance so directs) out of moneys provided by Parliament, the sums required to defray grants made under sub-section (1) of this section; so, however, that the aggregate of the sums to be charged on and issued out of the Consolidated Fund under this sub-section shall not unless and until Parliament otherwise determines exceed [three million five hundred thousand pounds]. (6) The Ministry of Finance may borrow money for the purpose of providing for issues out of the Consolidated Fund under the last preceding sub-section. (7) Moneys borrowed under the last preceding sub-section shall be repaid within any period or periods not exceeding fifteen years from the date of borrowing, and provision for such repayment may be made out of moneys provided by Parliament.] S.30 rep. by 1972 NI20 art.12(2). S.31 rep. by 1949 c.21 (NI) s.23 sch.; 1953 c.13 (NI) s.4 sch.; 1972 c.9 (NI) s.149(2) sch.9
© 1948 Crown Copyright
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