Paragraph 10

In the case of any grant paid to them in accordance with these Regulations, a requirement that the board of management shall obtain the written consent of the Secretary of State to the disposal of an asset other than land with a value exceeding such amount as the Secretary of State may, from time to time, specify, which has been acquired or improved wholly or partly, directly or indirectly, with the assistance of such grant, notify the Secretary of State of such disposal of such asset and repay to him such sum as, after consultation with them, he may require, regard being had by him, in particular, to the proportion which the grant paid bore to the total cost of acquisition or improvement and to the amount of the free proceeds of disposal or value of the asset at the time of disposal.