Regulation 9 Compensation in relation to ordinary claims: general provisionsI1
England and Wales
In deciding the amount that reflects an ordinary claimant’s loss, the Authority must—
treat stolen property as lost if it is not recovered by or on behalf of the Authority or ordinary claimant before the first payment date,
disregard any loss relating to property insured by the ordinary claimant for its damage, destruction or theft in the course of the riot to the extent F1that—
it is so insured (whether or not the insurance policy makes specific provision in relation to riots), and
the ordinary claimant has been compensated under the insurance policy,
have regard to—
in the case of immoveable property, the reasonable cost of its repair or reinstatement, and
in the case of moveable property and except in the circumstances specified in regulation 10, the cost of replacing it at current market value or, if it is cash, the cost of, or the Authority’s estimate of the cost of, reimbursement.
Annotations
Textual amendments
- F1
Words in reg. 9(b) substituted (1.10.2018) by The Riot Compensation (Amendment) Regulations 2018 (S.I. 2018/982), regs. 1, 2(5)
Commencement
- I1
Reg. 9 in force at 6.4.2017, see reg. 1(1)