Social Housing Act, 2008 (Act No. 16 of 2008)RegulationsSocial Housing RegulationsChapter 3 : Compliance monitoring7. Annual approval of business plan and operational plan |
(1) | A social housing institution must on an annual basis and within 30 days of the start of its financial year, submit to the Regulatory Authority for approval, its business and operational plan for the ensuing year. |
(2) | The Regulatory Authority may approve or reject a business and operational plan contemplated in subregulation (1) or engage with the social housing institution regarding an acceptable business and operational plan. |