Open Market Shared Equity (OMSE) administrative procedures: 2016
Provides detailed operational guidance for agents who administer the Open Market Shared Equity Scheme on behalf of the Scottish Government. Now superseded.
Section Nine: Monthly report
9.1 The Scottish Government monitors how the Open Market Shared Equity Scheme is progressing. Administering Agents must therefore submit a monthly report to the relevant Scottish Government Area Housing Supply Team by the 2 nd day of every month. The report must cover the items shown in Annexe N and must be compiled on a cumulative basis each financial year. For example, a report submitted by 2 March 2012 must include information from 1 April 2011 to 28 February 2012 inclusive. When preparing the monthly report Administering agents should be aware that the number of live passports, sales to date and expired passports should equal the total number of passports issued.
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