SCHEDULE 2Transitional and savings provisions

Accounts and audit

16.

(1)

Sections 69 to 71 of the 2010 Act do not to apply in relation to any accounting period of a registered social landlord beginning before the appointed day.

(2)

Paragraphs 13 to 15 of schedule 7 to the 2001 Act (and any order made under paragraph 13) are, on and after the appointed day, to continue to apply in relation to any accounting period of a registered social landlord which begins before that day except that—

(a)

the saving of paragraph 13(1) does not allow the Scottish Ministers to make or revoke any order under that paragraph after the appointed day; and

(b)

the references in paragraphs 13(4) and 15(2) to the Scottish Ministers are to be treated as references to the Regulator.