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5Finance for forestry

(1)This section applies where on or after 1 April 1985 and before 1 April 1990 the Forestry Commissioners make, in the case of restored ironstone land, payments of grant under section 1 of the [1979 c. 21.] Forestry Act 1979 (grants in connection with use and management of land for forestry purposes) where the rate of the payments is one determined by the Commissioners after consultation with the British Steel Corporation and the Ironstone Royalty Owners' Association.

(2)The Corporation shall pay to the Commissioners sums equal to those payments and any expenses incurred by them on or after 1 April 1985 and before 1 April 1990 in connection with making the payments.

(3)Sums received by the Commissioners under subsection (2) above shall be paid into the Forestry Fund.

(4)In this section " restored ironstone land " means worked ironstone land which is within the ironstone district and in relation to which—

(a)all the work required by a restoration condition of a planning permission was completed before 1 April 1985, or

(b)works carried out under section 16 of the 1951 Act were completed before that date.