Point in time view as at 30/03/2018.
Higher Education and Research Act 2017, Section 94 is up to date with all changes known to be in force on or before 13 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)The power of UKRI under section 93 to give financial support includes, in particular, power to make grants, loans or other payments.
(2)Financial support may be given by UKRI under that section on such terms and conditions as UKRI considers appropriate.
(3)The terms and conditions may, in particular—
(a)enable UKRI to require the repayment, in whole or in part, of sums paid by UKRI if any of the terms and conditions subject to which the sums were paid is not complied with,
(b)require the payment of interest in respect of any period during which a sum due to UKRI in accordance with any of the terms and conditions remains unpaid, and
(c)require a person to whom financial support is given to provide UKRI with any information it requests for the purpose of the exercise of any of its functions.
(4)In exercising the power under section 93 to give financial support to any person, UKRI must have regard to the desirability of not discouraging the person from maintaining or developing funding from other sources.
Commencement Information
I1S. 94 in force at 30.3.2018 by S.I. 2018/241, reg. 3(a)
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