Schedules
Schedule 7Special measures
I1I210Provision of financial assistance by regulator
1
The regulator may give financial assistance to the special measures manager for a higher-risk building by way of loans or grants.
2
The Secretary of State may by regulations make provision in relation to financial assistance given under this paragraph, including in particular provision about—
a
the circumstances in which financial assistance may be given;
b
the kind of financial assistance that may be given;
c
conditions that may or must be attached to any financial assistance (including conditions as to repayment).
3
In this paragraph “special measures manager”, in relation to a higher-risk building, includes the person who was the special measures manager for that building immediately before the special measures order relating to the building was discharged.