PART 5GRANTS

I132Approved capital expenditure

1

The Department may pay grants towards approved capital expenditure incurred or to be incurred in—

a

providing vehicles;

b

providing, improving or developing facilities for passenger transport.

2

In this section—

  • “approved” means approved by the Department;

  • “capital expenditure” means expenditure appearing to the Department to be of a capital nature;

  • “expenditure”, in relation to the provision of a vehicle by a person or body, includes, where the vehicle is provided by being manufactured or wholly or partly constructed by that person or body, such sum as appears to the Department to be properly attributable to its provision by that person or body in that manner.