Clause 2 - “Rent” and “business tenancy”

Commercial Rent (Coronavirus) Bill – in the House of Commons at 3:00 pm on 12 January 2022.

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Amendments made: 1, page 2, line 19, leave out sub-paragraph (ii) and insert—

(ii) which is a fixed amount or an amount that varies or may vary according to the relevant costs (or a combination of the two),”.

This amendment clarifies that the expression “service charge” includes any amount payable under the terms of a tenancy for something mentioned in clause 2(2)(c)(i), whether it is a fixed amount or a variable amount (or a combination of a fixed part and a variable part).

Amendment 2, page 2, line 22, leave out from “costs”” to “in” and insert

“includes costs incurred by the landlord in connection with insuring against loss of rent or”.

This amendment clarifies that the costs of insurance against loss of rent are within the expression “service charge”, in addition to insurance costs relating to the demised premises and any common parts.