Paragraph 7 Rent review terms that “do not specify new passing rent”F1
Rent review terms “do not specify new passing rent” if they are such that an amount of rent under review that will be payable at a time during the term of the tenancy (the “new passing rent”)—
(a)
is not known, and
(b)
cannot be determined,
at the time when the tenancy is granted or varied so that it includes the terms.
Annotations
Textual amendments
- F1
Sch. 7A inserted (29.4.2026 for specified purposes) by English Devolution and Community Empowerment Act 2026 (c. 23), s. 108(1)(6), Sch. 37 para. 2