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Part 5SRegulatory intervention

Managerial appointmentS

58Appointment of manager for financial or other affairsS

(1)This section applies where the Regulator, having made inquiries or otherwise, considers that a person needs to be appointed in order to ensure that [F1a] registered social landlord manages its financial or other affairs to an appropriate standard.

(2)The Regulator may appoint, or require the registered social landlord to appoint, a manager—

(a)to manage its financial and other affairs generally, or

(b)to manage particular aspects of those affairs.

Textual Amendments

Commencement Information

I1S. 58 in force at 1.4.2012 by S.S.I. 2012/39, art. 2, Sch. 1 (with Sch. 2)