C1Part 2Regulation of Social Housing
Chapter 4Registered providers
Insolvency etc.
I1156Manager: powers
1
A manager—
a
may do anything necessary for the purpose of the appointment,
b
acts as the registered provider's agent (and is not personally liable on a contract), and
c
has ostensible authority to act for the registered provider (so that a person dealing with the manager in good faith and for value need not inquire into the manager's powers).
2
In particular, the terms of a manager's appointment may confer power—
a
to sell or otherwise dispose of land by public auction or private contract;
b
to raise or borrow money;
c
to grant security over land;
d
to grant or accept surrender of a lease;
e
to take a lease;
f
to take possession of property;
g
to appoint a solicitor, accountant or other professional to assist the manager;
h
to appoint agents and staff (and to dismiss them);
i
to make payments;
j
to bring or defend legal proceedings;
k
to refer a question to arbitration;
l
to make any arrangement or compromise;
m
to carry on the business of the registered provider;
n
to carry out works and do other things in connection with the management or transfer of land;
o
to take out insurance;
p
to use the registered body's seal;
q
to execute in the name and on behalf of the registered provider any deed, receipt or other document;
r
to do anything incidental to a power in paragraphs (a) to (q).
3
A manager shall so far as is reasonably practicable consult and inform the registered provider's tenants about an exercise of powers likely to affect them.
Pt. 2 modified (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 16 para. 69(2); S.I. 2012/628, art. 6(i) (with arts. 911141517)