446 Forms of assistance and qualifying conditions

446  Forms of assistance and qualifying conditions

(1)     Assistance under section 445 (assistance for first-time buyers) may be given in the following ways—

(a)     the secured loan may be financed by the Secretary of State to the extent of £600 (that amount being normally additional to that which the institution would otherwise have lent, but not so that the total loan exceeds the loan value of the property);

(b)     £600 of the total loan may be made free of interest, and of any obligation to repay principal, for up to five years from the date of purchase; and

(c)

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