On 3 July 2023, regulations to establish a Responsible Actors Scheme (RAS) for residential developers under sections 126-129 of the Building Safety Act 2022 passed into law.
The government intends to launch the Scheme in Summer 2023. The Scheme will recognise action taken by responsible developers to identify and remediate or pay to remediate life-critical fire safety defects in residential buildings 11 metres or more in height which they developed or refurbished in England during the 30 years prior to 5 April 2022. To demonstrate that commitment, members of the Scheme will be required to enter into and comply with the terms of the developer remediation contract.
Eligible developers who do not enter into and comply with the terms of the developer remediation contract will not be able to join and remain in the Scheme, and will therefore be prohibited from carrying out major development and gaining building control sign-off.
More information can be found here.