HOUSING REGULATION 2015 - REG 8
Returning unspent receipts
HOUSING REGULATION 2015 - REG 8
Returning unspent receipts
8 Returning unspent receipts
(1) This section applies if— (a) a funding agreement with a funded provider
is in force; and
(b) the funded provider— (i) is required, under the
funding agreement, to spend an amount comprised of receipts for a housing
service within a stated period; and
(ii) has not spent the amount by the end
of the period.
(2) The chief executive may, by written notice, require the
funded provider to pay the amount to the chief executive.
(3) The funded
provider must pay the amount to the chief executive within 8 weeks after the
day the funded provider receives the written notice.