(1)Financial assistance under section 50—
(a)may be provided by way of grants, loans, guarantees or indemnities or in any other form;
(b)may be provided subject to conditions (which may include conditions about repayment with or without interest or other return);
(c)may be provided under a contract;
(d)may be provided to an investment fund for onward investment or administrative costs relating to onward investment.
(2)The power to provide financial assistance under section 50 is in addition to (and does not limit or replace) any other power of a Minister of the Crown to provide financial assistance.
Commencement Information
I1S. 51 in force at 31.12.2020 by S.I. 2020/1621, reg. 2(h)