The Regulatory Reform (Housing Assistance) (England and Wales) Order 2002 No. 1860

SCHEDULE 2 AMENDMENTS OF EXISTING POWER TO ADVANCE MONEY

PART 1 AMENDMENT OF SECTION 435 OF THE HOUSING ACT 1985

3.  After subsection (1), insert the following subsection—

“(1A) A local authority which is not a local housing authority may advance money to a person—

(a) for the purpose of altering, enlarging, repairing or improving a house, or

(b) for the purpose of facilitating the repayment of an amount outstanding on a previous loan made for any of those purposes.”.