- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
16.—(1) A rent proposal provided under regulation 15 must contain—
(a)a proposal for, or information about the change in, the rent, or money payable in lieu of rent, which is to be paid under the tenancy or licence (“the initial or revised rent”);
(b)where a new tenancy or licence is proposed, any other terms of the tenancy or licence being proposed;
(c)the information specified in Schedule 2; and
(d)any other information which—
(i)the tenant requires to understand or negotiate the initial or revised rent in an informed manner; and
(ii)the pub-owning business would reasonably be expected to give to the tenant.
(2) A pub-owning business is not required to comply with paragraph (1)(c) in respect of any information in Schedule 2—
(a)which—
(i)has already been provided to a tied pub tenant in connection with the tenancy or licence; and
(ii)has not changed materially since it was provided; or
(b)which is not reasonably available to the pub-owning business.
(3) The pub-owning business must prepare the rent proposal in accordance with the RICS guidance, and the rent proposal, when provided, must be accompanied by written confirmation, from a member or fellow of the RICS, that the proposal has been so prepared.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: