The Green Deal (Disclosure) Regulations 2012

Interpretation

This section has no associated Explanatory Memorandum

2.  In these Regulations—

“A” means, as appropriate, a seller, prospective landlord or prospective licensor of a property;

“the Act” means the Energy Act 2011;

“agent” has the meaning given in section 12(5)(a) of the Act;

“B” means, as appropriate, a prospective buyer, tenant or licensee of a property;

“bid” means an offer to buy a property which is to be sold by auction;

“the Framework Regulations” means the Green Deal Framework (Disclosure, Acknowledgment, Redress etc.) Regulations 2012(1);

“green deal property” has the meaning given by section 12(5)(b) of the Act;

“information request” means a request by B to A or an agent for information about a green deal property for the purpose of enabling B to decide whether to, as appropriate, buy the property or enter into a lease or licence of the property;

“offer” means, as appropriate, a proposal to—

(a)

buy a green deal property or a lease of such a property; or

(b)

enter into a lease or licence in respect of such a property;

“offers over sale” means, in respect of a property situated in Scotland, a sale where A or an agent invites written offers which are expected to exceed the amount specified in a notice offering the property for sale;

“oral and written bids auction” means a sale by auction of a property where the seller accepts bids which may be oral or written but excludes an offers over sale;

“prospective buyer, tenant or licensee” has the meaning given in section 12(4) of the Act;

“viewing request” means a request by B to A or an agent to view a green deal property for the purpose of enabling B to decide whether to, as appropriate, buy the property or enter into a lease or licence of the property; and

“written bids auction” means a sale by auction of a property where the seller accepts only written bids but excludes an offers over sale.

(1)

The Green Deal Framework (Disclosure, Acknowledgment, Redress etc.) Regulations 2012 were laid before Parliament in draft on 11th June 2012 for approval by resolution of each House of Parliament.