(1)Subsection (2) applies where—
(a)an estate manager carries out estate management, and
(b)an owner of the managed dwelling is or may be required to pay estate management charges in respect of the management carried out.
(2)The estate manager must, on or before the report date for an accounting period, provide the owner with a report under this section.
(3)The Secretary of State may by regulations make provision as to—
(a)the information to be contained in the report;
(b)the form of the report;
(c)the manner in which the report is to be provided.
(4)An “accounting period” is—
(a)a period of 12 months agreed between the estate manager and the owner for the purposes of this section, or
(b)if no such period is agreed, a period of 12 months beginning with 1 April.
(5)The “report date” for an accounting period is the final day of the period of one month beginning with the day after the final day of the accounting period.
(6)The Secretary of State may by regulations provide for exceptions from the duty in subsection (1) by reference to—
(a)descriptions of estate manager;
(b)descriptions of estate management charge;
(c)any other matter.
(7)A statutory instrument containing regulations under this section is subject to the negative procedure.