The Leasehold Houses (Notice of Insurance Cover) (Wales) Regulations 2005

Title, commencement and application

1.—(1) The title of these Regulations is the Leasehold Houses (Notice of Insurance Cover) (Wales) Regulations 2005 and come into force on 31 May 2005.

(2) These Regulations apply in respect of houses(1) in Wales only.

Additional content of notice of cover

2.  A notice of cover(2) must specify (In addition to the particulars referred to in paragraphs (a) to (c) of subsection (5) of section 164 (Insurance otherwise than with the landlord’s insurer) of the Commonhold and Leasehold Reform Act 2002) —

(a) the address of the house insured under the policy;

(b) the registered office of the authorised insurer(3) or, if the authorised insurer has no registered office, its head office;

(c) the number of the policy;

(d) the frequency with which premiums are payable under the policy;

(e) the amount of any excess payable by the tenant under the policy;

(f) where an excess is payable, whether it is payable in respect of every claim made under the policy or only in particular circumstances and, if the latter, a brief description of those circumstances;

(g) whether the policy has been renewed and, if so, the date on which it was last renewed;

(h) if the policy has not been renewed, the date on which it took effect;

(i) that the tenant is satisfied that the policy covers the tenant’s interests; and

(j) that the tenant has no reason to believe that the policy does not cover the interests of the landlord.

Form of notice of cover

3.  A notice of cover must be in the form set out in the Schedule to these Regulations, or a form substantially to the same effect.

Signed on behalf of the National Assembly for Wales under section 66(1) of the Government of Wales Act 1998(4)

D. Elis-Thomas

The Presiding Officer of the National Assembly

17 May 2005