Section 151 Forms of assistance under s. 149I1

(1)

Subject to subsection (3), financial assistance under section 149 may be given in any form.

(2)

Assistance may, in particular, be given by way of—

(a)

grants,

(b)

loans,

(c)

guarantees, or

(d)

in the case of assistance under section 149(1) F1or (1A) given to a company, purchasing share capital of the company.

(3)

Financial assistance under section 149(2) given to a company may not be given by way of purchasing share capital of the company.

Annotations

F1: Words in s. 151(2)(d) inserted (1.7.2022) by Health and Care Act 2022 (c. 31), ss. 167(3), 186(6); S.I. 2022/734, reg. 2(a), Sch. (with regs. 13, 29, 30)