189Purposes of the EIF Research Portfolio Special Account

189 Purposes of the EIF Research Portfolio Special Account

(1) Each of the following is a purpose of the EIF Research Portfolio Special Account: (a) making payments in relation to the creation or development of research infrastructure, so long as the payments are specified under subsection 190(2); (b) making transitional HEEF payments, so long as the payments are specified under subsection 190(2).

Note: See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).

(2) Paragraphs (1)(a) and (b) do not limit each other. (3) A payment under paragraph (1)(a) or (b) may be made: (a) by way of a grant of financial assistance; or (b) otherwise than by way of a grant of financial assistance.