Section 50R ImpactF1

England and Wales

(1)

This section applies when the Welsh Ministers are considering—

(a)

whether to award compensation, or

(b)

the amount of compensation to award.

(2)

The Welsh Ministers must take account of any information available to them about the financial situation of the registered social landlord.

(3)

The Welsh Ministers must consider the likely impact of the compensation on the registered social landlord's ability to provide services.

(4)

In particular, the Welsh Minsters must aim to avoid—

(a)

jeopardising the financial viability of the registered social landlord,

(b)

preventing the registered social landlord from honouring financial commitments, or

(c)

preventing the registered social landlord from taking action to remedy the matters on the grounds of which the compensation might be awarded.

Annotations

F1: S. 50R inserted (18.10.2011) by Housing (Wales) Measure 2011 (nawm 5), ss. 67, 90(2); S.I. 2011/2475, arts. 1(2), 2(n)

F1: Pt. I title substituted (1.4.2010) by Housing and Regeneration Act 2008 (c. 17), ss. 61(1), 325(1); S.I. 2010/862, art. 2 (with Sch.)
F2: Words in Pt. I title substituted (18.10.2011) by Housing (Wales) Measure 2011 (nawm 5), s. 90(2), Sch. para. 2; S.I. 2011/2475, arts. 1(2), 2(u)

C1: Part I (ss. 1-64) amended (1.10.1996) by S.I. 1996/2325, art.3
C2: Pt. 1: The system of "registered social landlords" under this Part is replaced (8.9.2008 for specified purposes and 1.12.2008, 16.2.2009, 1.4.2009, 7.9.2009 and 1.4.2010 for further purposes) by Housing and Regeneration Act 2008 (c. 17), Pt. 2. This Part continues to apply in relation to Wales with certain provisions applied in relation to England and certain provisions preserved although they apply to England only, see s. 60 of the affecting Act; S.I. 2008/2358, art. 3; S.I. 2008/3068, art. 3 (with arts. 6-13); S.I. 2009/363, art. 2; S.I. 2009/803, art. 7; S.I. 2009/2096, art. 2(1); S.I. 2010/862, art. 2 (with Sch.)

F1: Pt. I Ch. 4A and s. 50A and cross-heading inserted (18.10.2011) by Housing (Wales) Measure 2011 (nawm 5), ss. 50, 90(2); S.I. 2011/2475, arts. 1(2), 2(h)

F1: S. 50O and cross-heading inserted (18.10.2011 for specified purposes, 2.12.2011 in so far as not already in force) by Housing (Wales) Measure 2011 (nawm 5), ss. 64, 90(2); S.I. 2011/2475, arts. 1(2), 2(m), 3(g)