Part 1The Homes and Communities Agency
Chapter 3Financial provision
Borrowing powers of the HCA
I121Loans by the Secretary of State
1
The Secretary of State may lend to the HCA any sums it has power to borrow from the Secretary of State under section 20.
2
Loans under subsection (1) may be made on such terms and conditions as the Secretary of State considers appropriate (including provision for repayment with or without interest).