183Guarantees etc by Board

#### 183 Guarantees etc by Board 183 Guarantees etc by Board > > (1) The Board may, with the approval of the Minister— > > > > > (a) guarantee the due performance of an obligation incurred by a person or body in connection with a scheme for the provision of residential accommodation, and > > > > > (b) make good a loss incurred by a person or body in connection with a scheme for the provision of residential accommodation, and > > > > > (c) indemnify a person or body against a liability incurred under a guarantee (provided by the person or body) of the kind which the Board could provide under this section, and > > > > > (d) enter into and give effect to an agreement to do anything which the Board is authorised to do under this section. > > > (2) The following are examples of schemes for the provision of residential accommodation— > > > > > (a) a joint venture that the Board enters into under this Division, > > > > > (b) a residential accommodation unit trust in which the Board is empowered to invest under this Division. > > > (3) A permissible method of making good a loss involving such a residential accommodation unit trust is investment in units in the trust.