C1C2PART 1Care and support

Annotations:
Modifications etc. (not altering text)
C2

Pt. 1 applied in part (with modifications) (1.4.2015 coming into force in accordance with reg. 1(1)) by The Care and Support (Children's Carers) Regulations 2015 (S.I. 2015/305), regs. 1(1), 2(1)(a)(2), 4-12; S.I. 2015/993, art. 2(q)

Market oversight

C355Assessment of financial sustainability of care provider

I31

Where this section applies to a registered care provider, the Care Quality Commission must assess the financial sustainability of the provider's business of carrying on the regulated activity in respect of which it is registered.

I32

Where the Commission, in light of an assessment under subsection (1), considers that there is a significant risk to the financial sustainability of the provider's business, it may—

a

require the provider to develop a plan for how to mitigate or eliminate the risk;

b

arrange for, or require the provider to arrange for, a person with appropriate professional expertise to carry out an independent review of the business.

I33

Where the Commission imposes a requirement on a care provider under subsection (2)(a), it may also require the provider—

a

to co-operate with it in developing the plan, and

b

to obtain its approval of the finalised plan.

I34

Where the Commission arranges for a review under subsection (2)(b), it may recover from the provider such costs as the Commission incurs in connection with the arrangements (other than its administrative costs in making the arrangements).

I1I25

Regulations may make provision for enabling the Commission to obtain from such persons as it considers appropriate information which the Commission believes will assist it to assess the financial sustainability of a registered care provider to which this section applies.

I36

Regulations may make provision about the making of the assessment required by subsection (1).

I37

The Commission may consult such persons as it considers appropriate on the method for assessing the financial sustainability of a registered care provider's business; and, having done so, it must publish guidance on the method it expects to apply in making the assessment.