Housing Act 2004 requires a landlord to provide the Tenant with specific information regarding the protection of their deposit, this is known as the Prescribed Information (PI).
Deregulation Act Housing
Failure to serve the Prescribed Information within the correct timescale will be a breach of the Housing Act 2004 and could expose the landlord and/or deposit holder to legal action for compensation by the tenant and/or the relevant person.
The Prescribed Information may be attached to the tenancy agreement, or served as a stand-alone document. Where the member receives the deposit at the same time as the tenancy agreement is signed, the member is recommended to attach the Prescribed Information to the tenancy agreement.
Both landlord or agent and tenant must sign the last of the Prescribed Information.