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SCHEDULES

SCHEDULE 4Agricultural Holdings Act 1986: resolution of disputes by third party determination

25(1)Schedule 2 (arbitration of rent: provisions supplementary to section 12) is amended as follows.

(2)In paragraph 1(3) (amount of rent: arbitrator determining current level of rents for comparable lettings)—

(a)after “arbitrator” insert “or (as the case may be) the third party”;

(b)after “arbitration” insert “or third party determination”.

(3)In paragraph 2(1) (amount of rent: duty of arbitrator to disregard increase in rental value due to certain improvements), after “arbitrator” insert “or (as the case may be) the third party”.

(4)In paragraph 3 (amount of rent: other duties of arbitrator)—

(a)in the opening words, after “arbitrator” insert “or (as the case may be) the third party”;

(b)in paragraph (a), after “arbitration” insert “or third party determination”.

(5)In paragraph 4 (frequency of arbitrations under section 12), in sub-paragraph (1)(c), after “arbitrator” insert “or third party”.

(6)In the heading to the Schedule, after “ARBITRATION” insert “OR THIRD PARTY DETERMINATION”.