(1)The Welsh Ministers may make payments—
(a)to an authority in Wales of a description mentioned in paragraph (a), (b), (c) or (d) of section 194(2), for the purpose mentioned in the paragraph,
(b)to any body mentioned in subsection (2), in respect of expenditure incurred or to be incurred by the body in connection with the provision of housing accommodation in Wales.
(2)The bodies are—
(a)a registered social landlord within the meaning of the Housing Act 1985 (c. 68) (see section 5(4) and (5) of that Act),
[F1(b)the Homes and Communities Agency,]
(c)a new town development corporation,
(d)an urban development corporation established under the Local Government, Planning and Land Act 1980 (c. 65).
(3)The Welsh Ministers may make payments to a voluntary organisation towards expenditure incurred or to be incurred by the organisation in connection with the provision of services for which the Welsh Ministers could make payments under subsection (1).
(4)A payment under this section may be made in respect of expenditure of a capital or of a revenue nature or in respect of both kinds of expenditure.
(5)Conditions may be attached to a payment under this section.
(6)The conditions that may be attached include, in particular, conditions requiring, in such circumstances as may be specified—
(a)repayment of the whole or part of a payment under this section, or
(b)in respect of property acquired with a payment under this section, payment of an amount representing the whole or part of an increase in the value of the property which has occurred since its acquisition.
Textual Amendments
F1S. 196(2)(b) substituted (1.12.2008 in accordance with art. 1 of the amending S.I.) by The Housing and Regeneration Act 2008 (Consequential Provisions) Order 2008 (S.I. 2008/3002), art. 4, Sch. 1 para. 57