44 Market rent only option: procedure
Small Business, Enterprise and Employment Act 2015 (2015 c 26) | Legislation

44  Market rent only option: procedure

(1)     The Pubs Code may—

(a)     make provision about the procedure to be followed in connection with an offer of a market rent only option (referred to in this Part as “the MRO procedure”);

(b)     confer functions on the Adjudicator in connection with that procedure.

(2)     Provision made under subsection (1) may, in particular—

(a)     make provision for the tied pub tenant to give notice to the pub-owning business that the tenant—

(i)     considers that circumstances are such that the pub-owning business is required to offer the tenant a market rent only option, and

(ii)     wishes to receive such

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