Version Superseded: 01/04/2010
Point in time view as at 01/04/2009.
Housing and Regeneration Act 2008, Cross Heading: Powers to give financial assistance is up to date with all changes known to be in force on or before 01 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)The HCA may, with the consent of the Secretary of State, give financial assistance to any person.
(2)Financial assistance under this section may be given in any form.
(3)Financial assistance under this section may, in particular, be given by way of—
(a)grants,
(b)loans,
(c)guarantee or indemnity,
(d)investment, or
(e)incurring expenditure for the benefit of the person assisted.
(4)Financial assistance under this section may be given on such terms and conditions as the HCA considers appropriate (including provision for repayment, with or without interest).
(5)The objects of the HCA are not to be read as preventing the HCA from exercising functions in relation to financial assistance (whether under this section or otherwise) which—
(a)are transferred to the HCA from the Housing Corporation by virtue of this Act, or
(b)would supersede functions of the Housing Corporation,
in ways corresponding to those in which the Housing Corporation could have exercised its functions.
(6)See also sections 31 to 35 (further provision about certain types of financial assistance: social housing).
Commencement Information
I1S. 19(1)-(4) in force at 1.12.2008 for specified purposes by S.I. 2008/3068, art. 2(1)(j) (with arts. 6-13)
I2S. 19(5) in force at 1.12.2008 by S.I. 2008/3068, art. 2(1)(j) (with arts. 6-13)
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
