OpenLegislation

Section 194 Standards relating to economic mattersF6I1

England and Wales

(1)

The regulator may set standards for F1private registered providers in matters relating to F2... their financial and other affairs.

F3(1A)

Standards under subsection (1) may, in particular, require private registered providers to comply with specified rules about—

(a)

the management of their financial and other affairs, and

(b)

their efficiency in carrying on their financial and other affairs.

(2)

In respect of profit-making registered providers, standards may be made in relation to the management of their affairs only so far as relating to the provision of social housing.

C1(F42A)

The regulator may set standards for registered providers requiring them to comply with specified rules about their levels of rent (and the rules may, in particular, include provision for minimum or maximum levels of rent or levels of increase or decrease of rent).

F5(3)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annotations

Textual amendments

F1

Words in s. 194(1) substituted (1.4.2010) by The Housing and Regeneration Act 2008 (Registration of Local Authorities) Order 2010 (S.I. 2010/844), art. 1(2), Sch. 1 para. 51

F2

Words in s. 194(1) repealed (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 17 para. 5(3), Sch. 25 Pt. 27; S.I. 2012/628, art. 6(i)(j) (with arts. 9 11 14 15 17)

F3

S. 194(1A) inserted (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 17 para. 5(4); S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)

F4

S. 194(2A) inserted (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 17 para. 5(5); S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)

F5

S. 194(3) omitted (20.9.2023) by virtue of Social Housing (Regulation) Act 2023 (c. 36), s. 46(3), Sch. 5 para. 18; S.I. 2023/1001, reg. 2(y)(iv)

F6

S. 194 heading substituted (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 17 para. 5(2); S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)

Modifications

C1

S. 194(2A) modified (16.3.2016 for specified purposes, 1.4.2016 in so far as not already in force) by Welfare Reform and Work Act 2016 (c. 7), ss. 32, 36(5); S.I. 2016/394, reg. 4

Commencement

I1

S. 194 in force at 8.9.2008 by S.I. 2008/2358, art. 3(1)

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)