Commentary on provisions of Act Section 29: Change of registered provider
This section, which applies where social housing subject to a tenancy transfers from one registered provider to another, clarifies how the rent reduction policy applies if there is a change in the registered provider.
	Subsection (2) ensures that four years of rent reductions apply to a tenant whether or not the initial provider and transferee have corresponding relevant years and that when rent reductions are calculated rent paid to the transferor must be taken into account.
	Subsections (3) and (4) provide that if the former registered provider had an exemption in place, by virtue of a direction under section 25, paragraph 6 of Schedule 2, or regulations under section 27, then this continues in relation to the new provider until the end of the relevant year or, if earlier, when that tenancy comes to an end.