Arbitration on rent debt relief for businesses affected by coronavirus
This statutory guidance sets out how arbitrators should exercise their functions under Part 2 of the Commercial Rent (Coronavirus) Act 2022.
Applies to England and Wales
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Where certain rent debts (protected rent debts) have fallen due for payment under a business tenancy that has been affected by coronavirus, the question of whether a tenant should be granted relief from payment will, in the absence of agreement, become a matter eligible for determination by an arbitrator.
Part 2 of the Commercial Rent (Coronavirus) Act 2022 sets out the statutory arbitration process that will apply in such circumstances in England and Wales.
The guidance contains:
(i) an explanation of the provisions of the Act relevant to arbitrators and of the Arbitration Act 1996 where pertinent
(ii) an explanation of the concept of ‘viability of a tenant’s business’ in the Act
Updates to this page
Last updated 8 April 2022 + show all updates
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Final version of guidance added.
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First published.