Schedule 1 – Practice Note
Schedule 1 practice note
Part 1 of Schedule 1 of the Housing Act, 1996 sets out conditions and restrictions in relation to the control of payments and benefits which play an important role in ensuring good governance and regulation of Registered Social Landlords (RSLs) in Wales. The Schedule is accompanied by a determination (made in 2010 under paragraph 2(2)(f) of the 1996 Act) and circular RSL 05/10 which remains extant and sets out guidance on permitted payments and benefits to staff and Board members of RSLs in Wales.
This practice note has been developed by a working group made up of representatives from RSL leaders, governance and finance teams alongside Community Housing Cymru (CHC) and the Welsh Government regulatory team. It is intended to support RSL staff and Board members at all levels to navigate the requirements of the Schedule, consider the questions you and your Board must ask yourselves in order to comply and to consider the appropriate processes and governance that underpin your compliance with the Schedule.