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PART 4Social housing in England

CHAPTER 5Insolvency of registered providers of social housing

Financial support for registered providers in housing administration

109Grants and loans where housing administration order is made

(1)If a housing administration order has been made in relation to a registered provider, the Secretary of State may make grants or loans to the registered provider of such amounts as appear to the Secretary of State appropriate for achieving the objectives of the housing administration.

(2)A grant under this section may be made on any terms and conditions the Secretary of State considers appropriate (including provision for repayment, with or without interest).