(1)The Scottish Ministers may make grants [F1or loans] to any persons for any purposes relating to transport.
(2)Grants [F2and loans] under this section shall be of such [F3amounts] and subject to such conditions (including [F4, in the case of grants,] conditions requiring their repayment in specified circumstances) as the Scottish Ministers may determine.
(3)A determination under subsection (2) above may be made either generally or in relation to particular cases or classes of case.
(4)If in any financial year the power conferred by subsection (1) above is exercised, the Scottish Ministers shall, not later than three months after the end of the financial year, lay before the Scottish Parliament a report on grants [F5and loans] made under that subsection during that financial year; and any such report shall, in relation to each grant [F6or loan], include details of—
(a)the amount of the grant [F6or loan];
(b)the person to whom it has been paid; and
(c)the purpose for which it has been paid.
Textual Amendments
F1Words in s. 70(1) inserted (10.10.2005) by Transport (Scotland) Act 2005 (asp 12), ss. 45(4), 54(2); S.S.I. 2005/454, art. 2, Sch. 2
F2Words in s. 70(2) inserted (10.10.2005) by Transport (Scotland) Act 2005 (asp 12), ss. 45(5)(a), 54(2); S.S.I. 2005/454, art. 2, Sch. 2
F3Word in s. 70(2) substituted (10.10.2005) by Transport (Scotland) Act 2005 (asp 12), ss. 45(5)(b), 54(2); S.S.I. 2005/454, art. 2, Sch. 2
F4Words in s. 70(2) inserted (10.10.2005) by Transport (Scotland) Act 2005 (asp 12), ss. 45(5)(c), 54(2); S.S.I. 2005/454, art. 2, Sch. 2
F5Words in s. 70(4) inserted (10.10.2005) by Transport (Scotland) Act 2005 (asp 12), ss. 45(6)(a), 54(2); S.S.I. 2005/454, art. 2, Sch. 2
F6Words in s. 70(4) inserted (10.10.2005) by Transport (Scotland) Act 2005 (asp 12), ss. 45(6)(b), 54(2); S.S.I. 2005/454, art. 2, Sch. 2