Part 2Regulation of Social Housing
Chapter 7Enforcement powers
Compensation
244Enforcement
(1)
Compensation shall be treated as a debt owed to the person to whom it is awarded.
(2)
The Treasury may make regulations authorising the regulator—
(a)
to award interest on compensation not paid during the period specified under section 240(2)(e);
(b)
to award additional compensation where compensation is not paid during that period.
(3)
Interest and additional compensation shall be treated as compensation.
(4)
Regulations under subsection (2)(a) may provide for an interest rate to be—
(a)
set by a specified person, or
(b)
determined in accordance with the regulations.