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Part II S Conservation Areas

Town schemesS

72 Grants for repairing of buildings in town schemes.S

(1)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, and

(b)is situated in a conservation area which appears to him to be of outstanding architectural or historic interest.

(2)A grant under this section may be made subject to conditions imposed by the Secretary of State for such purposes as he thinks fit.

F1(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(4)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.

(5)Those arrangements may include such arrangements for the offer and payment of grants under this section as the parties may agree.

(6)Section 70(4) to (8) shall apply to a grant made under this section as it applies to a grant made under that section, but taking the recovery period to be 3 years beginning with the date on which the grant is made.