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(a) The Authority, on behalf of the Virgin Islands Government, may provide assistance to any financial institution with respect to any loan guaranteed by the Authority pursuant to this chapter. This assistance, subject to the limitations of this section, may be in amounts as are determined by the Authority to be necessary to enable the owner to afford the interest cost of the loan.\n(b) A contract for interest assistance shall constitute an undertaking by the Virgin Islands Government to grant to a holder of a guaranteed loan periodic supplements to the interest payable by the owner for a term of years not to exceed the term of the loan.\n(c) The amounts payable in any year under a contract for interest assistance, when added to the interest payable in that year by the owner upon the guaranteed loan, shall not exceed the maximum rate of interest which the financial institution could charge the owner under the laws of the Virgin Islands.\n(d) Any contract for interest assistance may also contain other conditions, not inconsistent with the provisions of this chapter, as may be prescribed by the Authority by regulation or as may be agreed upon by the owner, the financial institution

so contain other conditions, not inconsistent with the provisions of this chapter, as may be prescribed by the Authority by regulation or as may be agreed upon by the owner, the financial institution and the Authority.\n(e) Payments of interest assistance shall be made directly to the holder of the guaranteed loan, shall not be subject to the control of the owner, and shall not constitute income to the owner for taxation or other purposes.