14 Maximum amounts payable by way of fees, expenses, etc.E+W+S
(1)The [F1Corporation] may from time to time specify the maximum amounts which may be paid by a registered housing association which is a society registered under the 1965 Act—
(a)by way of fees or other remuneration, or by way of expenses, to a member of the association who is not a member of its committee or an officer or employee of the association,
(b)by way of expenses to a member of its committee (including a co-opted member) who is not an officer or employee of the association, or
(c)by way of expenses to an officer of the association who does not have a contract of employment with the association;
and different amounts may be so specified for different purposes.
(2)Where such an association makes a payment in excess of the specified maximum, the association may recover the excess and proceedings for its recovery shall be taken by the association if the Corporation so directs.
Textual Amendments
F1Words substituted by Housing Act 1988 (c. 50, SIF 61), s. 59(2)(3)(4), Sch. 6 Pt. I para. 2