Paragraph 326 InsuranceI1
England, Wales and Scotland
If HPU has a dispute about the proposed insurance (including the terms or level of cover) to be provided under paragraph 324—
(a)
HPU may refer the matter to arbitration under paragraph 330; and
(b)
the undertaker may put in place an insurance policy it considers to be appropriate and continue with the authorised development at its own risk whilst the determination under paragraph 330 is complete, following which the undertaker must adjust the insurance policy if necessary to accord with the determination.
Annotations
Commencement
- I1
Sch. 12 para. 326 in force at 11.3.2024, see art. 1