If a housing administration order has been made in relation to a registered provider, the Secretary of State may agree to indemnify persons in respect of one or both of the following—
The agreement may be made in whatever manner, and on whatever terms, the Secretary of State considers appropriate.
As soon as practicable after agreeing to indemnify persons under this section, the Secretary of State must lay a statement of the agreement before Parliament.
For repayment of sums paid by the Secretary of State in consequence of an indemnity agreed to under this section, see section 111.
The power of the Secretary of State to agree to indemnify persons—
The following are relevant persons for the purposes of this section—
For the purposes of subsection (6)—