C1Part 2Regulation of Social Housing
Annotations:
Modifications etc. (not altering text)
Chapter 7Enforcement powers
Compensation
I1241Impact
1
This section applies when the regulator is considering—
a
whether to award compensation, or
b
the amount of compensation to award.
2
The regulator must take account of any information available to it about the financial situation of the registered provider.
3
The regulator must consider the likely impact of the compensation on the registered provider's ability to provide services.
4
In particular, the regulator must aim to avoid—
a
jeopardising the financial viability of the registered provider,
b
preventing the registered provider from honouring financial commitments, or
c
preventing the registered provider from taking action to remedy the matters on the grounds of which the compensation might be awarded.
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)