Housing Regulation 2026
sec.12Asset management plans
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sec.12 Asset management plans
A funded provider must keep, and implement, a management plan (an asset management plan ) for each of the provider’s funded properties. The purpose of an asset management plan is— to maintain the long-term viability, and value, of the funded property; and to ensure the funded property is appropriate for— the type of housing service the funded provider provides; and the needs of people using the housing service; and the circumstances in which the funded provider provides the housing service. An asset management plan must include financial strategies for the plan’s implementation. If the chief executive requests a copy of an asset management plan, the funded provider must comply with the request. (sec.12-ssec.1) A funded provider must keep, and implement, a management plan (an asset management plan ) for each of the provider’s funded properties. (sec.12-ssec.2) The purpose of an asset management plan is— to maintain the long-term viability, and value, of the funded property; and to ensure the funded property is appropriate for— the type of housing service the funded provider provides; and the needs of people using the housing service; and the circumstances in which the funded provider provides the housing service. (sec.12-ssec.3) An asset management plan must include financial strategies for the plan’s implementation. (sec.12-ssec.4) If the chief executive requests a copy of an asset management plan, the funded provider must comply with the request.
- (a) to maintain the long-term viability, and value, of the funded property; and
- (b) to ensure the funded property is appropriate for— (i) the type of housing service the funded provider provides; and (ii) the needs of people using the housing service; and (iii) the circumstances in which the funded provider provides the housing service.
- (i) the type of housing service the funded provider provides; and
- (ii) the needs of people using the housing service; and
- (iii) the circumstances in which the funded provider provides the housing service.
- (i) the type of housing service the funded provider provides; and
- (ii) the needs of people using the housing service; and
- (iii) the circumstances in which the funded provider provides the housing service.