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(1)Where Housing Revenue Account subsidy or residual debt subsidy has been paid to a local housing authority and it appears to the Secretary of State that the case falls within rules published by him, he may recover from the authority the whole or such part of the payment as he may determine in accordance with the rules, with interest from such time and at such rates as he may so determine.
(2)Without prejudice to other methods of recovery, a sum recoverable under this section may be recovered by withholding or reducing subsidy.
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