Structure of the Act Assessing and reporting
49.Section 3(1)(b) provides for the regulator to monitor, assess and report on social landlords’ performance of housing activities and on RSLs’ financial health and governance standards. Section 40 prescribes what the regulator must consider when assessing social landlords’ housing activities. Generally, this includes the level and quality of service provided viewed in the context of the rents being charged; the Charter; and relevant performance improvement targets and guidance. When assessing RSLs’ financial management and governance, the regulator must consider the standards set out in the code of conduct and guidance issued under section 36, and any relevant targets and guidance under section 38.
50.Section 41 sets out reporting requirements for the regulator. It must publish, at least once a year, a report on landlords’ performance in achieving the standards and outcomes set in the Charter and in meeting performance improvement targets. Subsection (2) allows the regulator to include in its reports information about its use of regulatory intervention powers, the financial health of RSLs, and any other information it considers likely to be useful to social landlords, their tenants, prospective tenants or other service users.