# The Pubs Code etc. Regulations 2016, Paragraph 3


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.

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Source: https://www.legislation.gov.uk/ukdsi/2016/9780111147481/schedule/3/paragraph/3 (the official version)
Page: https://openlegislation.uk/draft-pubs-code-etc-regulations-2016/schedule-3/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.