Housing
Commonhold and Leashold Reform Act 2002: A Consultation Paper on Regular Statements of Account and Designated Client Accounts

Commonhold and Leashold Reform Act 2002: A Consultation Paper on Regular Statements of Account and Designated Client Accounts

Published 25 July 2007
Closing date 4 October 2007
Type(s) Consultation documents
Site Housing
Product code 07HC04774
Price Free

Summary

This paper details the intentions of Communities and Local Government regarding the amendments that we consider to be necessary in respect of the provisions in section 152 of the Commonhold and Leasehold Reform Act 2002 ("the 2002 Act") that would require landlords to provide leaseholders with a regular statement of account, an accountants certificate and a summary of rights and obligations.

This paper also details our intentions for amendments that we believe are necessary in respect of the provisions in section 156 of the 2002 Act which requires payees to hold service charges in a designated client account.

The Government would welcome any comments on the paper, including the Impact Assessments. We would particularly welcome estimates of the cost of compliance with the revised proposals. It should be noted that there can be no extension given to this deadline.

Comments should be sent by 4 October 2007 to the address below.

If you are replying by email please include the words 'Consultation - Regular statement of Account' in the subject or title.

This consultation paper contains proposals for amendments to primary legislation and for the secondary legislation. Whilst any amendments to primary legislation will apply to both England and Wales, the Welsh Assembly Government will make its own regulations.

Order

  • This publication is only available online - see below to download.

Download

Do you need help viewing file formats?

Alternative formats

If you require this publication in an alternative format (eg Braille or audio) please email alternativeformats@communities.gsi.gov.uk quoting the title and product code/ISBN of the publication, and your address and telephone number.

My favourites