26 Grants and loans to persons exercising certain functions.U.K.
[F1(1)The Secretary of State may, with the approval of the Treasury, make grants or loans—
(a)to persons by whom any matter falls to be determined for the purposes of any requirement imposed in pursuance of subsection (2) or (4) of section 20, 22 or 24 above; or
(b)to persons appointed under section 25 above.
(2)Any loans under this section shall be repaid to the Secretary of State at such times and by such methods and interest thereon shall be paid to him at such rates and at such times as he may, with the approval of the Treasury, from time to time direct.
(3)There shall be paid out of money provided by Parliament any sums required by the Secretary of State for making grants or loans under this section.
(4)Any sums received by the Secretary of State under subsection (2) above shall be paid into the Consolidated Fund.]
Textual Amendments
F1S. 26 repealed (25.7.2003 for specified purposes, 29.12.2003 otherwise) by Communications Act 2003 (c. 21), ss. 406, 408, 411, Sch. 19(1) (with Sch. 18, Sch. 19(1) Note 1); S.I. 2003/1900, arts. 1(2), 2(1), 3(1), Sch. 1 (with art. 3(2) (as amended (8.12.2003) by S.I. 2003/3142, art. 1(3))); S.I. 2003/3142, art. 3, Sch. 1 (with art. 11)