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Housing and Regeneration Act 2008, Cross Heading: Money is up to date with all changes known to be in force on or before 18 June 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Textual Amendments
F1S. 99 repealed (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 16 para. 28, Sch. 25 Pt. 26; S.I. 2012/628, art. 6(i)(j) (with arts. 9 11 14 15 17)
(1)The regulator may pay to or in respect of appointed members—
(a)remuneration, and
(b)travelling and other allowances.
(2)The Secretary of State must determine rates and eligibility criteria for payments under subsection (1).
(3)If the Secretary of State considers that there are special circumstances that justify the payment of compensation to a person on ceasing to be an appointed member, the regulator may pay such compensation as is determined by the Secretary of State.]
Textual Amendments
F2S. 99A inserted (1.10.2018) by The Legislative Reform (Regulator of Social Housing) (England) Order 2018 (S.I. 2018/1040), art. 1(2), Sch. para. 18 (with Pt. 4)
[F3(1)]The regulator may charge for giving advice, conducting research or providing other services.
F4(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F3Words in s. 100 numbered as s. 100(1) (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 16 para. 29(a); S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)
F4S. 100(2) omitted (1.10.2018) by virtue of The Legislative Reform (Regulator of Social Housing) (England) Order 2018 (S.I. 2018/1040), art. 1(2), Sch. para. 19 (with Pt. 4)
Commencement Information
I1S. 100 in force at 8.9.2008 by S.I. 2008/2358, art. 3(1)
(1)The Secretary of State may make payments to the regulator by way of grant or loan.
(2)A grant or loan may be subject to conditions (which may include provision for repayment, with or without interest).]
Textual Amendments
F5Ss. 100A-100G inserted (1.10.2018) by The Legislative Reform (Regulator of Social Housing) (England) Order 2018 (S.I. 2018/1040), art. 1(2), Sch. para. 20 (with Pt. 4)
(1)The regulator may borrow—
(a)by way of overdraft or otherwise, for the purpose of what it considers to be short-term management of its finances, or
(b)from the Secretary of State.
(2)The regulator may not borrow otherwise.]
Textual Amendments
F5Ss. 100A-100G inserted (1.10.2018) by The Legislative Reform (Regulator of Social Housing) (England) Order 2018 (S.I. 2018/1040), art. 1(2), Sch. para. 20 (with Pt. 4)
(1)The regulator must keep proper accounts (and proper records of its accounts).
(2)As soon as is reasonably practicable after the end of each financial year the regulator must prepare a statement of accounts in respect of that financial year.
(3)The statement must be in such form as the Secretary of State may direct.
(4)The regulator must, within such period as the Secretary of State may direct, send a copy of the statement to—
(a)the Secretary of State, and
(b)the Comptroller and Auditor General.
(5)The Comptroller and Auditor General must—
(a)examine, certify and report on the statement, and
(b)send a copy of the certified statement and the report to the Secretary of State as soon as possible.
(6)The Secretary of State must lay before Parliament a copy of each statement and report received under subsection (5).]
Textual Amendments
F5Ss. 100A-100G inserted (1.10.2018) by The Legislative Reform (Regulator of Social Housing) (England) Order 2018 (S.I. 2018/1040), art. 1(2), Sch. para. 20 (with Pt. 4)
(1)The regulator must, as soon as is reasonably practicable after the end of each financial year, prepare an annual report in relation to how it has exercised its functions during that financial year.
(2)The regulator must, within such period as the Secretary of State may direct, send a copy of the annual report to the Secretary of State.
(3)The Secretary of State must lay a copy of each annual report before Parliament.]
Textual Amendments
F5Ss. 100A-100G inserted (1.10.2018) by The Legislative Reform (Regulator of Social Housing) (England) Order 2018 (S.I. 2018/1040), art. 1(2), Sch. para. 20 (with Pt. 4)
(1)The regulator’s financial year is each period of 12 months beginning with 1st April.
(2)But the first financial year is the period—
(a)beginning with the day on which section 80A comes into force, and
(b)ending with the next 31st March.]
Textual Amendments
F5Ss. 100A-100G inserted (1.10.2018) by The Legislative Reform (Regulator of Social Housing) (England) Order 2018 (S.I. 2018/1040), art. 1(2), Sch. para. 20 (with Pt. 4)
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