Amendments to the Building Safety Act introduced through the Leasehold and Freehold Reform Act 2024 (Record no. 121978)

MARC details
000 -LEADER
fixed length control field 02378nam a22002177a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
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110 ## - MAIN ENTRY--CORPORATE NAME
Corporate author Ministry of Housing, Communities and Local Government
9 (RLIN) 6195
245 ## - TITLE STATEMENT
Title Amendments to the Building Safety Act introduced through the Leasehold and Freehold Reform Act 2024
260 ## - PUBLICATION INFORMATION
Publisher Ministry of Housing, Communities and Local Government
Date 24 July 2024
520 ## - ABSTRACT
Abstract Amendments to the Building Safety Act 2022 were enacted through the Leasehold and Freehold Reform Act 2024 on 24 May 2024. The measures come into force automatically on 24 July 2024 and make a number of changes: <br/>Section 117 of the Leasehold and Freehold Reform Act 2024 will mean residents in a Right to Manage (RTM)/Resident Management (RMC) company who run their own buildings can apply for a Remediation Contribution Order and split the costs among a wider group of leaseholders (where the lease allows) by permitting these to be passed on via the service charge.<br/><br/>Section 118 of the Leasehold and Freehold Reform Act 2024 resolves a conflict between Insolvency Law and section 125 of the Building Safety Act, which would have allowed amounts recovered through the courts for remediation costs under the Building Safety Act to be distributed to creditors in the first instance<br/><br/>The insolvency of an accountable person can have implications for the safe management of a building which is subject to the Building Safety Act regime. The new section 125A of the Building Safety Act (as amended by section 119 of the Leasehold and Freehold Reform Act 2024) puts a duty on Insolvency Practitioners who are appointed to the insolvency of the owner of leaseholder of a residential building, which is at least 5 storeys/11m+ high, to notify local regulators (local authorities and fire and rescue services).<br/>
650 ## - KEYWORDS
Keywords ACCOUNTABLE PERSONS
650 ## - KEYWORDS
Keywords BUILDING SAFETY ACT 2022
650 ## - KEYWORDS
Keywords HIGHER-RISK BUILDINGS
650 ## - KEYWORDS
Keywords LEASEHOLD AND FREEHOLD REFORM ACT 2024
650 ## - KEYWORDS
Keywords REMEDIATION CONTRIBUTION ORDERS
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Keywords RESIDENT MANAGEMENT COMPANIES
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name England
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element Building control
9 (RLIN) 6222
710 ## - ADDED CORPORATE NAME
Added corporate author Ministry of Housing, Communities and Local Government
9 (RLIN) 6195
856 ## - ONLINE RESOURCE
Uniform Resource Identifier https://www.gov.uk/guidance/amendments-to-the-building-safety-act-introduced-through-the-leasehold-freehold-reform-act-2024
Public note Available on .gov.uk
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