Explanatory note

Section 2 of the Leasehold Reform (Ground Rent) Act 2022 (c. 1) (“the 2022 Act”) provides for certain business leases to be excepted from the 2022 Act. Where use of the premises for business purposes are expressly permitted by the lease and the use of the premises as a dwelling significantly contributes to the business purposes, the lease will be excepted from the 2022 Act if the landlord and tenant (or prospective landlord and tenant) each give the other a written notice as specified in section 2.

Regulation 3 provides the contents required for notices exchanged under section 2 of the 2022 Act. There is no required form. Regulation 4 provides the methods which can be used to give such notices.

An impact assessment has not been produced for this instrument as no, or no significant impact on the private, voluntary or public sector is foreseen.