Part 4: Higher-risk buildings Duties relating to information and documents Section 90: Provision of information etc on change in Accountable Person Effect
This section applies where the Accountable Person for a higher-risk building changes. It relates to section 88, and regulations made under that section which will set out "prescribed information" that must be obtained, kept up to date and kept in accordance with specified standards. This prescribed information is also known as the golden thread.
	This section sets out requirements on the "outgoing Accountable Person" i.e. one who is selling or otherwise changing their interest in the building so that they are no longer an Accountable Person. These requirements are that outgoing Accountable Person must provide certain information, or copies of certain documents, to their successor, the "incoming" Accountable Person and to the Regulator. This section gives the Secretary of State the power to issue regulations setting out the information and documents (or copies of documents) that must be provided by the outgoing Accountable Person to their successor Accountable Person, the circumstances when they must provide it, the timescale within which they must do so and any standards that the information must be provided in accordance with.
	This section also allows the Secretary of State to issue regulations to set out what information needs to be given by the outgoing Accountable Person to the Regulator.
	This section also gives the Secretary of State the power to issue regulations setting out that disclosure of information to the "incoming" Accountable Person or the Regulator under this section does not breach- any obligations of confidence owed by the outgoing person in relation to that information. Not complying with these requirements will be an offence with a maximum penalty of an unlimited fine and/or 12 months’ imprisonment in the magistrates’ court (six months until the commencement of paragraph 24(2) of Schedule 22 of the Sentencing Act 2020).  If tried in the Crown Court, the maximum penalty will be an unlimited fine and/or two years’ imprisonment. If the breach continues after conviction, the court will also be able to impose an ongoing penalty until such time as the breach is remedied; that penalty will be set at a daily rate of no more than a level 1 fine (currently £200).