Clause 34. Tenancy costs cover grant: Amount

34

Tenancy costs cover grant: Amount

(1)

The amount of a tenancy costs cover grant must not exceed-

(a)

the amount of the liability referred to in clause 35 (1)(d); and

(b)

the amount equivalent to 4 weeks' accommodation costs in respect of which the cover was granted, calculated at the rate of accommodation costs payable at the commencement of the RTA agreement.

(2)

The applicant's liability under this clause is limited if the property is insured against destruction or damage, to the amount of the applicable excess under the insurance, unless the excess is more than the damage.