Regulation 7 Termination of grant conditions
The conditions in regulation 4 cease to apply before the expiry of the period in regulation 3 where—
the sum in regulation 6(1)(a) and interest in regulation 6(1)(b) is recovered in accordance with that regulation; or
prior to the serving of a notice under regulation 6(1), the person mentioned in regulation 6(5) repays to the Scottish Ministers, or to the Crofting Commission on behalf of the Scottish Ministers, a sum bearing the same proportion to the grant as the period between the date of repayment and the expiration of the period specified in regulation 3 bears to the whole of that period.
Where paragraph (1) applies, the Scottish Ministers must cause to be recorded in the Register of Sasines or registered in the Land Register of Scotland a notice in the form set out in Schedule 2 to these Regulations.