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Changes over time for: Cross Heading: Insurance
Llinell Amser Newidiadau
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 01/04/2015.
Changes to legislation:
There are currently no known outstanding effects for the Tenements (Scotland) Act 2004, Cross Heading: Insurance.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
InsuranceS
18Obligation of owner to insureS
(1)It shall be the duty of each owner to effect and keep in force a contract of insurance against the prescribed risks for the reinstatement value of that owner’s flat and any part of the tenement building attaching to that flat as a pertinent.
(2)The duty imposed by subsection (1) above may be satisfied, in whole or in part, by way of a common policy of insurance arranged for the entire tenement building.
(3)The Scottish Ministers may by order prescribe risks against which an owner shall require to insure (in this section referred to as the “prescribed risks”).
(4)Where, whether because of the location of the tenement or otherwise, an owner—
(a)having made reasonable efforts to do so, is unable to obtain insurance against a particular prescribed risk; or
(b)would be able to obtain such insurance but only at a cost which is unreasonably high,
the duty imposed by subsection (1) above shall not require an owner to insure against that particular risk.
(5)Any owner may by notice in writing request the owner of any other flat in the tenement to produce evidence of—
(a)the policy in respect of any contract of insurance which the owner of that other flat is required to have or to effect; and
(b)payment of the premium for any such policy,
and not later than 14 days after that notice is given the recipient shall produce to the owner giving the notice the evidence requested.
(6)The duty imposed by subsection (1) above on an owner may be enforced by any other owner.
Yn ôl i’r brig