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(1)This section applies if the regulator is satisfied that—
(a)a registered provider has failed to meet a standard under section 193 or 194, or
(b)the affairs of a registered provider have been mismanaged in relation to social housing.
(2)The regulator may require the registered provider to implement a process specified by the regulator for the purpose of—
(a)inviting persons to apply to undertake management functions of the registered provider, and
(b)selecting from the applications and making an appointment.
(3)A requirement may relate to—
(a)the registered provider’s affairs generally in so far as they relate to social housing, or
(b)specified affairs relating to social housing.
(4)A requirement must include—
(a)provision about the constitution of a selection panel (which must include provision for ensuring representation of tenants' interests),
(b)provision for ensuring best procurement practice, and
(c)provision about the terms and conditions on which the manager is to be appointed (including provision about—
(i)setting, monitoring and enforcing performance standards, and
(ii)resources).
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