| (1) | The Minister may, subject to a regulation made under section 62, give financial assistance to any person for the purposes of this Act, including assistance for making licence applications, in the form of grants, loans or subsidies, which may be made subject to such conditions as the Minister may determine. |
(2) The financial assistance must be from funds—
| (a) | appropriated by Parliament; or |
| (b) | which may under this Act or otherwise lawfully be used for the purposes in question. |
| (3) | Before giving any financial assistance, the Minister must take into account all relevant considerations, including— |
| (b) | the need for transparency; |
| (c) | the need for redressing the results of past racial and gender discrimination; |
| (d) | the purpose of the financial assistance; |
| (e) | the financial position of the recipient; and |
| (4) | A person who wilfully fails to comply with any obligations imposed by this Act is not eligible for financial assistance under this Act. |
