Legislation – Leasehold and Freehold Reform Act 2024
Changes to legislation:
There are currently no known outstanding effects for the Leasehold and Freehold Reform Act 2024, Section 84.
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Part 5Regulation of estate management
Administration charges
84Duty of estate managers to publish administration charge schedules
(1)
If an estate manager expects to charge an administration charge, the estate manager must produce and publish an administration charge schedule.
(2)
An “administration charge schedule” is a document setting out—
(a)
the administration charges the estate manager considers may be payable, and
(b)
for each charge—
(i)
its amount, or
(ii)
if it is not possible to determine its amount before it becomes payable, how its amount will be determined if it becomes payable.
(3)
The estate manager—
(a)
may revise a published administration charge schedule, and
(b)
must publish a revised schedule.
(4)
The estate manager must provide a person with the administration charge schedule for the time being published setting out the charges that may be payable by that person.
(5)
The appropriate authority may by regulations make provision as to—
(a)
the form of an administration charge schedule;
(b)
the content of an administration charge schedule;
(c)
how an administration charge schedule must be published;
(d)
how an administration charge schedule is to be provided to owners of dwellings.
(6)
A statutory instrument containing regulations under this section is subject to the negative procedure.