Schedule 7: Special Measures Paragraph 3: Meaning of "financial management proposal" Background
Providing a financial management proposal with the notice and draft terms of a special measures order provides clarity to interested parties from the outset where the Building Safety Regulator is proposing to put a building into special measures.
	The financial management proposal informs the directions that the First-tier Tribunal will make in the special measures order in respect of payments due from the Accountable Persons to the Special Measures Manager for a building being put into special measures as well as reasonable contingency costs for both.