Structure of the Act Part 2 – Regulation of Social Housing Insolvency etc. Section 155 - Manager:  appointment
430.This section broadly replicates the effect of section 46 of the 1996 Act.
431.Subsection (1) provides that this section applies where agreed proposals provide for the appointment of a manager.
432.Subsection (2) specifies that the proposals must provide for the manager to be paid reasonable remuneration and expenses.
433.Subsection (3) provides that the regulator will appoint the manager.
434.Subsection (4) provides that the regulator may give directions to the manager which may be general or specific in nature, or both.
435.Subsection (5) provides that the manager may apply to the High Court for directions, and that the directions of the regulator under subsection (4) are subject to directions of the High Court.
436.Subsection (6) provides that the regulator must notify the Charity Commission that a manager has been appointed, if the registered provider is a charity.
437.Subsection (7) provides that the regulator may appoint a new manager in place of a person who ceases to be a manager under this section for whatever reason, and that the new manager’s terms of appointment will be as specified in the proposals, or as determined by the regulator.