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Enterprise and New Towns (Scotland) Act 1990

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Changes over time for: Section 26

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Version Superseded: 01/04/2000

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Point in time view as at 26/07/1999. This version of this provision has been superseded. Help about Status

Changes to legislation:

There are currently no known outstanding effects for the Enterprise and New Towns (Scotland) Act 1990, Section 26. Help about Changes to Legislation

26 Finances of Highlands and Islands Enterprise.S

(1)The Secretary of State may F1. . .make such grants to Highlands and Islands Enterprise as appear to him to be required to enable the body to meet the expenses it incurs in the exercise of its functions and powers.

(2)Any grant under subsection (1) above may be subject to such conditions as the Secretary of State thinks fit to impose.

(3)For the purposes of the exercise of any of its functions or powers, Highlands and Islands Enterprise may, with the consent of the Secretary of State F1. . ., borrow money.

(4)No security shall be constituted over land owned by Highlands and Islands Enterprise.

Textual Amendments

F1Words in s. 26(1)(3) repealed (1.7.1999) by S.I. 1999/1820, arts. 1(2), 4, Sch. 2 Pt. I para. 100(6), Part IV

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