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The Residential Family Centres Regulations 2002

Changes over time for: Section 24

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Version Superseded: 01/04/2007

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Financial positionE+W

24.—(1) The registered provider shall carry on the residential family centre in such manner as is likely to ensure that it will be financially viable for the purpose of achieving the aims and objectives set out in the statement of purpose.

(2) The registered person shall—

(a)ensure that adequate accounts are maintained and kept up to date in respect of the residential family centre;

(b)supply a copy of the accounts to the Commission at its request.

(3) The registered person shall, if the Commission so requests, provide the Commission with such information and documents as it may require for the purpose of considering the financial viability of the residential family centre, including—

(a)the annual accounts of the residential family centre certified by an accountant;

(b)a certificate of insurance for the registered provider in respect of liability which may be incurred by him in relation to the residential family centre in respect of death, injury, public liability, damage or other loss.

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