Schedule 7: Special Measures Paragraph 10: Provision of financial assistance by regulator Background
This paragraph ensures that the Special Measures Manager may be enabled to continue its functions where the Accountable Person defaults on payments directed under the special measures order. The manager should enforce payment through the Tribunal if the Accountable Person defaults on payment. In the meantime, the Building Safety Regulator may step in to provide financial assistance to ensure that the terms of the order can be met. This will help to ensure that residents are kept safe in a building while it is in the special measures regime.