24/10/2023
The Social Housing Regulation Act includes a range of potential governance and funding implications. In this digest, Louise Leaver and Sarah Greenhalgh look at the impact of the Transparency, Influence and Accountability Standard.
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Involving tenants within a registered providers decision making process:
- 'meaningful involvement'
- tenant influence and the scrutiny of policies
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Change of landlord or management arrangements
- involvement within consultations, and when
- delivery of social purpose
- taking tenant feedback into consideration
- diverse needs
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Corporate implications
- group structures
- regulatory requirements
- governance framework and structures
- corporate documentation
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Finance arrangements
- Loan agreements
- 'regulation framework' definition
- 'serious detriment' test
- fines
- demonstration of compliance
- enforcement tools
NOTE: the Consumer Standards Consultation has now closed (17 October 2023)