[F128(1)The appropriate Minister may with the approval of the Treasury make or guarantee loans to meet expenditure incurred in connection with an amalgamation or boundary adjustment approved by the appropriate Minister in pursuance of a scheme under section 26 of this Act, being—U.K.
(a)the costs of the amalgamation or boundary adjustment consisting of surveyor’s fees and legal costs, stamp duty on any conveyance, lease, tenancy agreement or mortgage or heritable security and any compensation for disturbance under section 34 of the M1Agricultural Holdings Act 1948 or section 35 of the M2Agricultural Holdings (Scotland) Act 1949, or
(aa)expenditure incurred in the carrying out or provision of works or facilities which the appropriate Minister considers to be necessary or desirable as a consequence of the amalgamation, or to be necessary as a consequence of the boundary adjustment, or
(b)any part of the purchase price of any land acquired as part of the amalgamation or as the case may be any part of the purchase price of land acquired, or of money given by way of equality of exchange, as part of the boundary adjustment,
or expenditure under all or any two of paragraphs (a), (aa) and (b) above.]
Textual Amendments
F1Sch. 4 repealed (N.I.) so far as it relates to s. 26(1) to (6) of the Agriculture Act 1967 by S.I. 1987/166 (N.I. 1), art. 20, Sch.
Marginal Citations