PCA Advice Note: Taking the MRO option - Tied rent considerations
The following advice is issued to tied pub tenants (TPTs), pub-owning businesses (POBs) and their representatives, under section 60 of the Small Business Enterprise and Employment Act 2015.
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This advice is intended to be a succinct summary of the relevant provisions of the Pubs Code Regulations that apply during the MRO procedure other than where the MRO gateway is renewal.