# Housing and Regeneration Act 2008, Section 158: Assistance by regulator

Extent: E+W

(1) The regulator may give financial or other assistance to the registered provider for the purpose of preserving its position pending the regulator deciding whether to exercise the power under section 152 to make proposals and (if proposals are made) the proposals becoming agreed proposals.
(2) The regulator may give financial or other assistance to the registered provider, or a manager appointed under section 155, to facilitate the implementation of agreed proposals.
(3) In particular, the regulator may—
(a) lend staff;
(b) arrange payment of the manager's remuneration and expenses.
(4) The regulator may do the following only with the Secretary of State's consent—
(a) make grants,
(b) make loans,
(c) indemnify a manager,
(d) make payments in connection with secured loans, and
(e) guarantee payments in connection with secured loans.

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Source: https://www.legislation.gov.uk/ukpga/2008/17/section/158 (the official version)
Page: https://openlegislation.uk/housing-and-regeneration-act-2008/section-158
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.