The owners of historic properties may receive grants conditional
on arrangements being made for public access to the property. These
grants are intended to defray the whole or part of the cost of
repairs or maintenance.
Where used wholly or partly to meet expenses attributable to
the opening of the property to the public, a grant (or the due
proportion of it) should be taken into account in computing the
profits under Case I. For further information on the treatment of
these grants, see
BIM40450+.
