The power to make loans in other cases

5.—(1) Subject to the following provisions of these Regulations, a landlord or, where the landlord is a housing association, the Corporation may make a loan to a tenant in respect of service charges in respect of repairs where—

(a) a housing authority is the landlord of a flat under a long lease granted or assigned by the authority or by another housing authority; and

(b) the tenant is liable under the terms of the lease to pay those charges (whether the repairs are to the flat, the building in which it is situated or any other building or land).

(2) The power to make a loan is—

(a) where the landlord is a housing association, a power of the Corporation to make an advance; and

(b) in any other case, a power of the landlord to leave the whole or part of the service charges outstanding.