592.This paragraph makes provision in relation to where a special measures order is varied or revoked. Where an order is revoked or varied the tribunal may give directions to any person (sub-paragraph (1)). Where an order is revoked, the tribunal must direct the special measures manager to prepare a reconciliation account. “Reconciliation account” is defined in sub-paragraph (4).
593.A copy of the reconciliation account must be given to the authority that applied for the order and to each relevant accountable person (sub-paragraph (2)). These provisions are intended to ensure transparency and completeness in relation to the handling of financial matters while the special measures order was in place.
Schedule 2 - Special measures orders Directions where special measures order is varied or revoked