To ask the Scottish Executive what steps it will take to reduce the regulatory burden on small housing associations.
I have asked Angiolina Foster,Chief Executive of Communities Scotland, to respond. Her response is as follows:
Communities Scotland regulatesand inspects Registered Social Landlords (RSLs) on behalf of Scottish ministers.We are aware of the disproportionate impact that regulation can have on small RSLs.By small RSLs we mean those with fewer than 250 houses. We have already set in placea number of measures to minimise this impact.
In 2005 we introduced a tailoredapproach to inspection with reduced submission requirements, a lighter touch approachwith no grades and short reports.
Our requirements in relationto financial viability assessments are also tailored. Small RSLs, which are notdeveloping new-build houses, do not have to submit the five year financial projectionsor loan portfolio information required from all other RSLs.
Providing information on charitableRSLs direct to the Office of the Scottish Charity regulator (OSCR) for its annualreturn. This benefits all charitable RSLs.
We will continue to review ourapproach to regulation and inspection to ensure that it is proportionate and risk-basedand does not have a disproportionate impact on small RSLs. We are keen to consultwith the sector on changes which will allow us to respond positively to the concernsfrom the sector about over-regulation in general.