C1Part 2Regulation of Social Housing

Annotations:
Modifications etc. (not altering text)

Chapter 7Enforcement powers

F1Emergency remedial action

Annotations:
Amendments (Textual)

225GReclaiming expenses

1

Where the regulator makes arrangements under section 225B, the regulator may by notice require the registered provider concerned to pay to the regulator—

a

such relevant expenses as are specified in the notice;

b

interest on those expenses (see subsection (4)).

2

“Relevant expenses” are—

a

expenses reasonably incurred by the regulator—

i

in deciding whether to make arrangements under section 225B;

ii

in making those arrangements;

iii

in the authorised person taking emergency remedial action;

b

any costs reasonably incurred by the regulator related to the action in paragraph (a)(iii).

3

Sums mentioned in subsection (1)(a) are payable at the end of the period of 28 days beginning with the day on which the notice is given.

4

Interest may be charged on any sums not paid by the end of the period mentioned in subsection (3) at such reasonable rate as the regulator may determine.