(1)The Commission and one or more local authorities in England, or the Secretary of State and one or more local authorities in Wales, may enter an agreement (in this Act referred to as a “town scheme agreement”) that a specified sum of money shall be set aside for a specified period of years for the purpose of making grants for the repair of buildings which are—
(a)included in a list compiled for the purposes of such an agreement by the parties to the agreement, or by them and other such authorities, or
(b)shown on a map prepared for those purposes by the parties, or by them and such other authorities.
(2)Before such a list is compiled or such a map is prepared by the Secretary of State and any local authorities as respects any buildings in Wales they shall consult the Historic Buildings Council for Wales.
(3)In this section “local authority” means—
(a)a county council;
(b)a district council;
(c)in relation to any building situated within the Broads, the Broads Authority;
(d)a London borough council or the Common Council of the City of London;
(e)the Council of the Isles of Scilly.
(1)The Commission may make grants for the purpose of defraying the whole or part of any expenditure incurred or to be incurred in the repair of any building which—
(a)is the subject of a town scheme agreement;
(b)is situated in a conservation area in England; and
(c)appears to the Commission to be of architectural or historic interest.
(2)The Secretary of State may make grants for the purpose of defraying the whole or part of any expenditure incurred or to be incurred in the repair of any building which—
(a)is the subject of a town scheme agreement;
(b)is situated in a conservation area in Wales; and
(c)appears to him to be of architectural or historic interest.
(3)A grant under this section may be made subject to conditions imposed by the Commission or, as the case may be, the Secretary of State for such purposes as the Commission or, as the case may be, the Secretary of State thinks fit.
(4)Unless the making of a grant under this section appears to the Secretary of State to be a matter of immediate urgency, before he makes such a grant he may consult with the Historic Buildings Council for Wales as to the making of the grant and as to the conditions subject to which it should be made.
(5)The Commission or the Secretary of State may—
(a)pay any grant under this section to any authority which is a party to a town scheme agreement; and
(b)make arrangements with any such authority for the way in which the agreement is to be carried out.
(6)Those arrangements may include such arrangements for the offer and payment of grants under this section as the parties may agree.
(7)Section 78(4) to (8) shall apply to a grant under this section as it applies to a grant under that section, but taking the recovery period to be three years beginning with the day on which the grant is made.