C1Part 2Regulation of Social Housing
Annotations:
Modifications etc. (not altering text)
Chapter 4Registered providers
Insolvency etc.
I1158Assistance by regulator
1
The regulator may give financial or other assistance to F1the registered provider for the purpose of preserving its position pending the agreement of proposals.
2
The regulator may give financial or other assistance to F2the registered provider, or a manager appointed under section 155, to facilitate the implementation of agreed proposals.
3
In particular, the regulator may—
a
lend staff;
b
arrange payment of the manager's remuneration and expenses.
4
The regulator may do the following only with the Secretary of State's consent—
a
make grants,
b
make loans,
c
indemnify a manager,
d
make payments in connection with secured loans, and
e
guarantee payments in connection with secured loans.
Pt. 2 modified (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 16 para. 69(2); S.I. 2012/628, art. 6(i) (with arts. 911141517)