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Mr. Crausby
To ask the Deputy Prime Minister if he will make a statement on nominated insurance relating to leaseholders. [111195]
Mr. McNulty
Section 164 of the Commonhold and Leasehold Reform Act 2002 will allow leaseholders of houses who are subject to a nominated insurer clause to be able to insure the property with the insurer of their choice provided that certain conditions are met.
| National BVPIs and ACPIs 2000–011 | National BVPIs 2001–02 | National BVPIs 2002–03 | National BVPIs 2003–04 | Percentage decrease from 2000–01 to 2003–04 | |
| Unitaries/metropolitan boroughs | 189 | 123 | 97 | 98 | 48% |
| London boroughs | 189 | 121 | 94 | 95 | 50% |
| County councils (including Fire) | 134 | 105 | 86 | 85 | 37% |
| District councils | 91 | 65 | 51 | 53 | 42% |
| Fire authorities | 18 | 18 | 19 | 19 | n/a |
| 1 Includes Audit Commission performance indicators which were replaced entirely in 2001–02 by best value performance indicators. | |||||
In order to implement this provision, the form of the notice of cover must be prescribed by regulation. The Office of the Deputy Prime Minister published a consultation paper on 6 May that seeks views on draft regulations that prescribe the form of the notice of cover and also seeks views on additional information to be included in the notice.