The National Gallery Board, the Tate Gallery Board and the National Portrait Gallery1 Board may lend any relevant object2 the property in which is vested in the board and which is comprised in the board's collection, whether the loan is for purposes of public exhibition or not and whether, under the terms of the loan, the relevant object is to remain in the United Kingdom3 or not4. This power is, however, subject to the requirements that, in deciding whether or not to lend a relevant object, and in determining the time for which, and the conditions subject to which,
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