Member

48: Clause 11, page 11, line 36, at end insert— “171E Blockchain audit trail for disposal notifications(1) The Secretary of State must by regulations require each private registered provider to maintain an immutable distributed ledger record (“the disposal audit trail”) in respect of every sale notice given under section 171A.(2) The disposal audit trail must record—(a) the date on which each sale notice was given and to whom;(b) any response received from a local housing authority or other notified person within the period specified in section 171A(3);(c) the outcome of the proposed sale, including whether the dwelling was acquired by a notified person and retained within the social housing sector.(3) The Secretary of State must publish annually an analysis of disposal audit trail data, cross-referenced with local housing need data, identifying areas of net social housing stock loss.(4) Records in the disposal audit trail must be cryptographically secured against retrospective alteration and retained for not less than 12 years.”Member’s explanatory statement This amendment requires private registered providers to maintain a tamper-proof blockchain audit trail of all section 171A disposal notifications, recording responses and outcomes. It also requires annual publication of disposal data cross-referenced with housing need, identifying areas of net stock loss.