Schedule 1The Scottish Pubs Code

Market rent only lease: further provision

6

In 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.