Harbours Act 1964

12 Grants for execution of harbour works,

(1) Subject to the provisions of this section, the Minister, with the approval of the Treasury and after consulting the Council, may, out of moneys provided by Parliament, give to a harbour authority assistance by way of grant—

(a) in respect of expenses incurred by them such as are mentioned in paragraph (a) of section 11(1) of this Act;

(b) to enable them to pay the whole or part of a sum due by way of payment of interest on a loan made to them by virtue of that paragraph.

(2) Subsection (2) of the last foregoing section shall apply to assistance given under this section in respect of such expenses as are mentioned in that subsection.

(3) No assistance shall be given under subsection (1) of this section for the payment of interest on a loan for any period beginning more than five years from the date on which the loan was made.

(4) No assistance shall at any time be given under subsection (1) of this section by the Minister to a harbour authority in respect of expenses incurred by them in relation to a harbour or to enable them to pay interest on a loan unless at that time the harbour is neither a fishery harbour nor a marine work.