Yn ddilys o 25/06/2007
After section 46 of the 1993 Act, there is inserted—
(1)The Scottish Ministers may in accordance with regulations made by them under subsection (2) below provide loans to—
(a)crofters;
(b)cottars;
(c)owners of holdings to which section 46(2) of this Act applies.
(2)Regulations under this subsection may make provision as to—
(a)who is to be eligible for a loan;
(b)the amount which may be lent;
(c)the circumstances under which, and the purposes for which, a loan may be provided;
(d)the terms and conditions applicable to any loan;
(e)arrangements for recording documents in connection with a loan in the Register of Crofts, the Land Register of Scotland or the Register of Sasines;
(f)arrangements for recovery of any loan (whether or not in its entirety) when the borrower dies;
(g)arrangements for assignation of the borrower's liabilities in consequence of the borrower dying or no longer occupying the holding in respect of which the loan was provided.”.