IRRV Alert - week ending 8th April 2022 Part 2
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Circulars
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Commercial rent code of practice (7 April 2022)
Guidance
Commercial rent code of practice
This code of practice replaces the previous code, clarifying what is statutory for parties in scope of the Commercial Rent (Coronavirus) Act 2022 and helping parties to negotiate over outstanding rent debt.
- From:
- Department for Levelling Up, Housing and Communities and Department for Business, Energy & Industrial Strategy
- Published
- 7 April 2022
Documents
Commercial rent code of practice following the COVID-19 pandemic
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Details
This is the revised code of practice for commercial relationships between landlords and tenants, replacing the previous code published in November 2021.
This code of practice aligns with the Commercial Rent (Coronavirus) Act 2022, outlining what is statutory for those within its scope and how the arbitration process provided for in the Act will work.
The code can still be used by any business to help them resolve rent disputes even if they fall outside of scope of the new legislation, providing further guidance on how parties should negotiate.
Published 7 April 2022