Part 5 - Regulation of Estate Management Section 76: Limitation of estate management charges: time limits
Section 76 clarifies the time limits around when costs incurred by an estate manager can be defined as "relevant costs".
	Subsection (1) sets out that costs are not "relevant costs" and therefore not chargeable to an owner of a managed dwelling in circumstances where the estate manager both seeks to charge more than 18 months after the works take place, and where the estate manager failed to provide the owner with a "future demand notice" within this 18-month period.
	Subsection (2) defines a "future demand notice" as a notice in writing to the owner that relevant costs have been incurred and that the owner is required to contribute to the costs through the payment of an estate management charge. Subsection (3) confers powers on the Secretary of State to set out in regulations: (a) the form of the notice; (b) information to be included in the notice; and (c) the manner in which the future demand notice must be given to the owner.
	Subsection (4) details that regulations made by the Secretary of State may, among other things, specify information to be included in the future demand notice as: (a) an amount estimated as the costs incurred (an "estimated cost amount"); (b) an amount the owner is expected to contribute toward the costs (an "expected contribution"); and (c) a date on or before which it is expected that the estate management charge will be demanded ("expected demand date").
	Subsection (5) states that regulations that include provision by virtue of subsection (4) may also provide for a relevant rule to apply in a case where the owner has been given a "future demand notice" in respect of relevant costs, and a demand for payment of an estate management charge as a contribution to those costs is served on the owner more than 18 months after the costs were incurred.
	Subsection (6) provides detail of the relevant rules which may apply in relation to subsection (5) These are: subsection (6) (a) in a case where a future demand notice is required to contain an estimated costs amount, that the owner of a managed dwelling is liable to pay the charge only to the extent it reflects relevant costs that do not exceed the estimated costs amount; subsection (6)(b) in a case where a future demand notice is required to contain an expected contribution, that the owner is liable to pay the charge only to the extent it does not exceed the expected contribution; and (6)(c) in a case where a future demand notice is required to contain an expected demand date, that, if the demand is served after the expected demand date, the owner is not liable to pay the charge to the extent it reflects any of the costs.
	Subsection (7) states that regulations that provide for the relevant rule in subsection (6)(c) to apply may also provide that, in a case set out in the regulations, the rule is to apply as if, for the expected demand date, there were substituted a later date determined in accordance with the regulations.
	Subsection (8) requires that any statutory instrument containing regulations under this Section is subject to the negative procedure.