PART 8London
CHAPTER 2Mayoral development corporations
Other functions
213Financial assistance
1
An MDC may, with the consent of the Mayor, 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 MDC giving it considers appropriate (including provision for repayment, with or without interest).