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14/11/2008

Boards Are Key To Self Regulation, Says TSA Chairman

Boards are key to self regulation, was the message from the Tenant Services Authority (TSA) Chairman, Anthony Mayer, at the Chartered Institute of Housing's Annual Conference, Eastern Region.

In his speech 'The Road Ahead', the challenge to Board members was issued as he set out the TSA's approach to regulation and stressed that accountability would be a key component of their work.

Mr Mayer said: "We will look to Boards and not executives to account for themselves and their stewardship of the associations. This is a profound challenge for Board members, but equally a huge opportunity."

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He described how this challenge relates to one of two major changes in the 2008 Housing Act - this relating to the 'knock on affect of co-regulation'. He then went on to describe the second major change as being the Government's wish for 'cross-domain regulation' - the same deal to be given to all local authority and housing association tenants.

Summing up, he said: "I strongly welcome the Goverment's support for cross domain regulation as now enacted in the 2008 Housing Act. Given the changing shape of the social housing sector it is more vital than ever that local authority, ALMO and housing tenants get the same deal."

(CD/JM)

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