Providers need to be alive to the risk of contractors becoming insolvent and how to limit the resulting inevitable disruption.
We can confirm that the Regulations have come into force as drafted in September (you can read our ebriefing here) and that there are no substantive changes to their content. Private Registered Providers (“PRPs”) are expected to amend their constitutions to give effect to the Regulations on or before 16 May 2018 (“the appointed day”).
The Office for National Statistics (“ONS”) has also just announced that PRPs are to be re-classified as of today as private bodies. The reclassification has been communicated in a letter, which can be found linked to the statement.
We are happy to advise on the best approach to liaising with local authorities in light of your constitutional arrangements. We also offer fixed-fee packages to amend your constitution to reflect the new Regulations.
You can find a full copy of the Regulations here. You might also find our previous ebriefings on Deregulation and the Regulations useful for a summary on the background to the Regulations and the effect they are expected to have on PRPs:
Housing associations must continue to deliver core functions effectively and compliantly notwithstanding the uncertainty over the standards to which you will be held in the future.
Over the last few years the meaning of “asset management” has changed from being all about repairs to understanding that assets might not stay in an organisation forever.
The Grenfell Tower tragedy has understandably prompted a fundamental reconsideration of how building safety is approached for High-Rise Residential Buildings.
Results from the latest three-yearly valuation of the Local Government Pension Scheme (LGPS) are starting to trickle through.
The potential for Brexit with or without a deal causes uncertainty, and credit rating agencies do not like uncertainty.
Let’s face it, Wills are underappreciated and often overlooked. In fact, around 54% of the British public do not have one!
A recent case throws light on the scope of the exemption for “land transactions” from the need for an OJEU tender process.
A leaked report into maternity services at the Shrewsbury and Telford Hospitals NHS Trust revealed by The Independent has been described as the “largest maternity scandal in NHS history”.
The Pensions Regulator is showing its determination to improve the prudent management of Local Government Pension funds by digging deep into the internal workings of these funds.
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