Structure of the Act Part 2 – Regulation of Social Housing Procedure Section 120 - Notice
276.This section requires the regulator to take certain actions as soon as reasonably possible after it has registered or deregistered a body. These actions are to notify other registrars who have related duties or powers depending on the constitutional form of the body that the regulator has registered or de-registered. Therefore, the regulator notifies:
	the Charity Commission, if the registered provider is a registered charity,
	the Financial Services Authority, if the registered provider is an industrial and provident society,
	the registrar of companies for England and Wales, if the registered provider is a registered company.
277.Subsection (2) provides that in notifying these bodies, the regulator will advise whether the body has been registered with a profit-making or non-profit designation under section 115(1).
278.Subsection (3) provides that if the regulator changes the designation under section 115(9), the regulator will also advise the relevant bodies.
279.Subsection (4) provides that a person to whom notice is given by the regulator under this section must keep a record of that notice.