OpenLegislation

Paragraph 3

Original text. Later amendments are not shown.

For the purposes of paragraph 2, a “reasonable forecast” is a forecast which—

(a)

is based on an assessment of the level of trading at the tied pub if it were operated by a reasonably efficient tenant; and

(b)

may be based on an assessment of the pub’s level of trading if it were not subject to a product or service tie.