127 Regeneration and development: forms of assistance.E+W+S
(1)Financial assistance under section 126 (powers of Secretary of State to give financial assistance) may be given in any form.
(2)Assistance may, in particular, be given by way of—
(a)grants,
(b)loans,
(c)guarantees, or
(d)incurring expenditure for the benefit of the person assisted.
(3)The Secretary of State must not, in giving financial assistance under section 126, purchase loan or share capital in a company.