17.The notice period applicable to a section 173 notice is set out in section 174 of the 2016 Act. Section 1 of the Act provides for the minimum notice period for a section 173 notice to be increased from two months to six months.
18.Section 1 also inserts new section 174A into the 2016 Act. It provides that, in respect of certain periodic standard contracts, the minimum notice period for a section 173 notice remains 2 months. These contracts are listed in new Schedule 8A to the 2016 Act, (inserted by Schedule 1 to the Act).