Provision of financial assistance by regulatorE+W
10(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.
Commencement Information
I1Sch. 7 para. 10 in force at Royal Assent for specified purposes, see s. 170(2)(a)
I2Sch. 7 para. 10 in force at 16.1.2024 in so far as not already in force by S.I. 2024/40, reg. 2(u)