Part 3: Research Research and innovation functions and role of the Councils Section 94: Financial support: supplementary provision
This section provides detail about UKRI’s power to provide financial support under section 93, which includes the power to make grants, loans or other payments.
	UKRI may set terms and conditions as it considers appropriate when providing financial support including repaying finance, charging interest, and placing information obligations.
	UKRI has a duty to take into account the need not to discourage funding recipients from securing alternative sources of income.
	This section forms part of the law of the United Kingdom.