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Tied Pubs (Scotland) Act 2021

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This is the original version (as it was originally enacted).

Market rent only lease: further provision

This section has no associated Explanatory Notes

6In describing the procedure mentioned in paragraph 5(2)(a), the code may in particular—

(a)specify a period for negotiation under the procedure,

(b)require that a person (referred to in this paragraph as a rent assessor) be appointed to determine the market rent in the event that no agreement is reached by the end of any negotiation period the code specifies,

(c)require that a rent assessor be appointed—

(i)by the pub-owning business and the tied-pub tenant acting jointly, or

(ii)in the event that they cannot agree, by the adjudicator,

(d)require that the adjudicator set criteria that a person must meet in order to be appointed as a rent assessor,

(e)require that the rent assessor determine the market rent within a period specified in the code.

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