Schedule 7: Special Measures Paragraph 10: Provision of financial assistance by regulator Effect
Paragraph 10 gives a discretionary power to the Building Safety Regulator to provide financial assistance to a Special Measures Manager and sets out regulation making power enabling the Secretary of State to make provision for the circumstances in which either a loan or grant maybe provided, what conditions will be attached to the assistance and the kind of assistance that should be provided.
	Paragraph 10(3) clarifies that the meaning of special measures manager for the purposes of this paragraph is wider than for the schedule as it also includes a manager who was appointed immediately prior to the discharge of an order.