61 Rent under tenancies conferring code rights: England and Wales
Product Security and Telecommunications Infrastructure Act 2022 (2022 c 46) | Legislation

Renewal of business tenancies conferring code rights

61  Rent under tenancies conferring code rights: England and Wales

(1)     The Landlord and Tenant Act 1954 is amended as follows.

(2)     After section 34 insert—

“34A Rent under new tenancy conferring code rights

(1)     This section applies where—

(a)     the current tenancy is a subsisting agreement within the meaning of Schedule 2 to the Digital Economy Act 2017, and

(b)     the primary purpose of the current tenancy is to confer code rights.

(2)     In default of agreement between the landlord and the tenant as mentioned in section 34(1), the rent payable under a new tenancy granted by order of the court under this Part of this Act shall be such amount or amounts determined by the court as represent the market value of the landlord's agreement to confer the code rights conferred by the new tenancy.

(3)

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