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Flood Reinsurance (Scheme Funding and Administration) Regulations 2015 (S.I. No. 1902 of 2015).

Country/Territory
United Kingdom
Document type
Regulation
Date
2015
Source
FAO, FAOLEX
Subject
Water
Keyword
Hazards Flood Tax/levy Liability/compensation
Geographical area
Atlantic Ocean Islands, Europe, Europe and Central Asia, North Atlantic, North Sea, North-East Atlantic, Northern Europe
Abstract

These Regulations set out the funding arrangements for the Flood Reinsurance Scheme and the administrative requirements for the running of the Scheme by the Flood Reinsurance Scheme administrator. The Water Act 2014 contains new arrangements designed to promote the availability and affordability of home insurance in areas of high flood risk. They also place a requirement on relevant insurers to pay a levy to the Scheme administrator and set out how the levy will be calculated and the purposes for which the levy may be used.

Full text
English
Website
www.opsi.gov.uk

References - Legislation

Implements

Water Act 2014 (Chapter 21).

Legislation | United Kingdom | 2014 (2018)

Keyword: Ecosystem preservation, Hazards, Coastal zone management, Framework law, Basic legislation, Freshwater resources management, Institution, Inland waters, Water supply, Sewerage, Authorization/permit, Water abstraction, Water quality standards, Water shortage/drought, Flood, Drainage/land reclamation, Freshwater pollution, Effluent waste water/discharge, Governance, Water rights, Waterworks, Monitoring, Enforcement/compliance, Offences/penalties, Pollution control

Source: FAO, FAOLEX

Implemented by

Floods and Water (Amendment etc.) (EU Exit) Regulations 2019 (S.I. No. 558 of 2019).

Legislation | United Kingdom | 2019

Keyword: Flood, Water supply, Sustainable development, Freshwater pollution, Water rights, Pollution control

Source: FAO, FAOLEX