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The Housing (Right to Manage) (England) Regulations 2012
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- UK Statutory Instruments
- 2012 No. 1821
- PART 3
- Regulation 14
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Offer Notice
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14.—(1) Within 15 months of the acceptance date, the TMO and the authority must jointly prepare an offer notice.
(2) The offer notice must contain a statement describing—
(a)the management functions the TMO propose to exercise;
(b)the funding or budget to be allocated by the authority to enable the TMO to exercise those functions;
(c)the financial accountability and control procedures which the authority and the TMO will have in place; and
(d)the management and governance arrangements of the TMO.
(3) In preparing the offer notice, the TMO and the authority must have regard to any guidance issued from time to time by the Secretary of State.
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