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Renting Homes (Fees etc.) (Wales) Act 2019

Changes over time for: Cross Heading: Payment in the event of default

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Renting Homes (Fees etc.) (Wales) Act 2019, Cross Heading: Payment in the event of default is up to date with all changes known to be in force on or before 21 November 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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Payment in the event of defaultE+W

6(1)A payment that is required, under a standard occupation contract, to be made in the event of a default by the contract-holder is a permitted payment, but this is subject to sub-paragraph (3).E+W

(2)In this paragraph, “default” means—

(a)a failure by the contract-holder to make a payment by the due date to the landlord, or

(b)a breach by the contract-holder of a term of the contract.

(3)In the case of a default to which sub-paragraph (4) applies, if the amount of a payment required in the event of the default exceeds the prescribed limit, the amount of the excess is a prohibited payment.

(4)This sub-paragraph applies to—

(a)a failure by the contract-holder to make a payment of rent by the due date to the landlord;

(b)any additional description of default which is specified by regulations.

(5)In sub-paragraph (3), the “prescribed limit” means a limit specified by, or determined in accordance with, regulations.

Commencement Information

I1Sch. 1 para. 6 in force at 1.9.2019 by S.I. 2019/1150, art. 2(c)

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