Section 125 Voluntary undertakingI1
(1)
A registered provider may give the regulator an undertaking in respect of any matter concerning social housing.
(2)
The regulator may prescribe a procedure to be followed in giving an undertaking.
(3)
In exercising a power under Chapter 6 or 7 the regulator must have regard to any undertaking offered or given.
(4)
The regulator may found a decision about whether to exercise a power under Chapter 6 or 7 wholly or partly on the extent to which an undertaking has been honoured.
Annotations
Commencement
- I1
S. 125 in force at 1.4.2010 by S.I. 2010/862, art. 2 (with Sch.)
Notes on Part 2
Modifications
- C1
Pt. 2 modified (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 16 para. 69(2); S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)