Paragraph 11 InterpretationF1

In this Schedule, in relation to a tenancy—

• “existing tenancy” has the meaning given in paragraph 2(2);

• “inflation” means a change in prices or costs (including a change in certain kinds of prices or costs) whether or not calculated by an official index; and here “prices or costs” includes rents;

• “initial rent” has the meaning given in paragraph 5;

• “new tenancy” has the meaning given in paragraph 3(2);

• “reference amount” has the meaning given in paragraph 7(2);

• “relevant premises” has the meaning given in paragraph 2(2);

• “rent determination terms” has the meaning given in paragraph 6;

• “tenancy renewal arrangement” has the meaning given in paragraph 3(2).