Part 3Performance of social landlords
Targets, guidance, code of conduct and equal opportunities
38Guidance: financial management or governance targets
1
The Regulator may issue guidance—
a
setting out indicators by reference to which it intends to measure progress towards meeting a financial management or governance target,
b
setting out how it otherwise intends to assess whether a registered social landlord has met, or made progress towards meeting, a financial management or governance target.
2
Guidance may be given generally or for particular purposes (and different guidance may be issued for different registered social landlords or for different cases).
3
Before issuing, revising or withdrawing guidance on a financial management or governance target, the Regulator must consult those persons who it was required to consult when issuing or revising the target.
4
The Regulator must make arrangements for bringing its guidance (and any revision or withdrawal) to the attention of affected registered social landlords.