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Paragraph 7 Alteration of rent by agreementI1

Scotland Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

A small landholder and a landlord of a small landholding may, by written agreement, alter the rent payable in respect of the holding.

(2)

Any agreement under sub-paragraph (1) must specify the period during which the altered rent is payable.

(3)

On the expiry of the period specified in an agreement by virtue of sub-paragraph (2), the rent specified in the agreement as payable immediately before the expiry of the period remains the rent payable unless and until—

(a)

a new agreement entered into under sub-paragraph (1) takes effect, or

(b)

an order of the Land Court fixing the rent under paragraph 8 or 9 takes effect.

(4)

Nothing in this paragraph prevents a new agreement under sub-paragraph (1) from taking effect prior to the expiry of the period specified in an agreement by virtue of sub-paragraph (2).

Annotations

Commencement

I1

Sch. 2 para. 7 not in force at Royal Assent, see s. 47(2)