# Crofters (Scotland) Act 1993, Section 46A: Regulations concerning loans

Extent: S

(1) The Scottish Ministers may in accordance with regulations made by them under subsection (2) below provide loans to—
(a) crofters;
(b) cottars;
(ba) owner-occupier crofters;
(c) owners of holdings to which section 46(2) of this Act applies.
(2) Regulations under this subsection may make provision as to—
(a) who is to be eligible for a loan;
(b) the amount which may be lent;
(c) the circumstances under which, and the purposes for which, a loan may be provided;
(d) the terms and conditions applicable to any loan;
(e) arrangements for recording documents in connection with a loan in the Register of Crofts, the Land Register of Scotland or the Register of Sasines;
(f) arrangements for recovery of any loan (whether or not in its entirety) when the borrower dies;
(g) arrangements for assignation of the borrower's liabilities in consequence of the borrower dying or no longer occupying the holding in respect of which the loan was provided.

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Source: https://www.legislation.gov.uk/ukpga/1993/44/section/46A (the official version)
Page: https://openlegislation.uk/crofters-scotland-act-1993/section-46A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

