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Part 1 E+WThe Homes and Communities Agency

Chapter 3E+WFinancial provision

Borrowing powers of the HCAE+W

21Loans by the Secretary of StateE+W

(1)The Secretary of State may lend to the HCA any sums it has power to borrow from the Secretary of State under section 20.

(2)Loans under subsection (1) may be made on such terms and conditions as the Secretary of State considers appropriate (including provision for repayment with or without interest).

Commencement Information

I1S. 21 in force at 1.12.2008 by S.I. 2008/3068, art. 2(1)(k) (with arts. 6-13)