The Tax Relief for Social Investments (Accreditation of Social Impact Contractor) Regulations 2014
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7 Requirements of accreditation
(1) A social impact contractor must comply with the matters in paragraphs (2) and (3) as conditions of its accreditation. (2) The social impact contractor must ensure that there is no period during the period of its accreditation when it is not a party to at least one social impact contract. (3) The social impact contractor— (a) must give notice to the Secretary of State within 30 days of— (i) any material change in respect of each social impact contract to which it is a party, including the termination of, or an alteration of the defined outcomes set out in, the contract, or (ii) any change of its name or business address, and (b) must provide a relevant report to the Secretary of State in respect of— (i) each period of 12 months since the date of accreditation, within one month of the end of each such period, and (ii) such other period and by such date after the expiry of that period as the Secretary of State may by notice reasonably require. (4) In paragraph (3), “relevant report” means a report setting out such information as the Secretary of State may by notice specify concerning the performance of the social impact contractor under each social impact contract to which it was a party during the period to which the report relates.
7 Requirements of accreditation
(1) A social impact contractor must comply with the matters in paragraphs (2) and (3) as conditions of its accreditation. (2) The social impact contractor must ensure that there is no period during the period of its accreditation when it is not a party to at least one social impact contract. (3) The social impact contractor— (a) must give notice to the Secretary of State within 30 days of— (i) any material change in respect of each social impact contract to which it is a party, including the termination of, or an alteration of the defined outcomes set out in, the contract, or (ii) any change of its name or business address, and (b) must provide a relevant report to the Secretary of State in respect of— (i) each period of 12 months since the date of accreditation, within one month of the end of each such period, and (ii) such other period and by such date after the expiry of that period as the Secretary of State may by notice reasonably require. (4) In paragraph (3), “relevant report” means a report setting out such information as the Secretary of State may by notice specify concerning the performance of the social impact contractor under each social impact contract to which it was a party during the period to which the report relates.
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