s 162 Grounds for application by party to lease
(1) Section 35 of the 1987 Act (application by party to lease for variation of lease) is amended as follows. (2) In subsection (2) (grounds for application), for paragraph (b) substitute— (b) the insurance of the building containing the flat or of any such land or building as is mentioned in paragraph (a)(iii); (3) After paragraph (f) of that subsection insert— (g) such other matters as may be prescribed by regulations made by the Secretary of State. (4) After subsection (3) insert— (3A) For the purposes of subsection (2)(e) the factors for determining, in relation to a service charge payable under a lease, whether the lease makes satisfactory provision include whether it makes provision for an amount to be payable (by way of interest or otherwise) in respect of a failure to pay the service charge by the due date. (5) In section 53(2)(b) of the 1987 Act (regulations subject to negative Parliamentary procedure), after “section 20(4)” insert “ or 35(2)(g) ” .