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Section 41: Control of subsidiaries

Housing and Regeneration Act 2008 · 2008 c. 17View on legislation.gov.uk

Part 1: The Homes and Communities Agency — Chapter 4: Other functions of the HCA

The HCA must ensure that no subsidiary of the HCA engages, without the consent of the Secretary of State, in an activity which the HCA would not be required or permitted to carry on.

The HCA must ensure that no subsidiary of the HCA—

borrows from a person other than the HCA, or
raises money by the issue of shares or stock to a person other than the HCA,

without the consent of the Secretary of State.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.