27
In forceMinister may approve
Part VLoans for soil conservation treatment or equipment
27 Minister may approve
(1)
On receipt of an application so submitted the Minister may, in his discretion, but subject to this Act, approve that a loan of such amount as he specifies in the instrument of approval be made to the applicant.
(2)
The approval shall be in writing signed by the Minister and shall set out any conditions, not being conditions applicable under this Act to all advances, to which the advance, if made, shall be subject.
(3)
A loan, if made, shall be made for such period, not exceeding
20 years, as the Minister specifies in the instrument of approval.
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