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Written question asked by Stephen Timms (Labour) on Thursday, 25 January 2024, in the House of Commons. It was due for an answer on Wednesday, 31 January 2024 (named day). It was answered by Lee Rowley (Conservative) on Wednesday, 31 January 2024 on behalf of the Department for Levelling Up, Housing and Communities.

Building Safety Fund: Newham

Question

To ask the Secretary of State for Levelling Up, Housing and Communities, pursuant to the Answer of 22 January 2024 to Question 9728 on Building Safety Fund: Newham, whether his Department requires a new Principal Accountable Person to submit a fresh application to the Building Safety Fund in the event of resignation by the Company Secretary at Gallions Approach Management Ltd.

Answer

If an Applicant changes managing agent, they will need to assure the department and its delivery partners that funds already paid are properly accounted for and (if applicable) transferred to the service charge account of the new managing agent. Subject to appropriate diligence checks, future payments can be made into the new managing agent’s account.

In the event of the resignation of the company secretary, Gallions Approach Management Ltd will remain the entity responsible for the project and the Building Safety Fund (BSF) application, and subject to the entity’s obligations under the Grant Funding Agreement and any other relevant contracts. There is no need to submit a new application to the BSF.

The department has entered into a Grant Funding Agreement with Gallions Approach Management Ltd. Their corporate governance is primarily a matter for the Applicant. The Applicant may wish to seek independent legal advice.

Secondary information

Type
Written question
Reference
11473
Session
2023-24
Related items
Building Safety Fund: Newham
Monday, 22 January 2024
Written questions
House of Commons
Grouped for answer
Yes
Subjects
Applications Newham Building Safety Fund
Link
View this Written question on www.parliament.uk