Regulation 15A Requirement to offer an MRO lease: further provision where lease period is longer than one yearF1I1

A pub-owning business need not offer an MRO lease as required by regulation 15(1) where the term of the tenant’s lease is for a period longer than one year and less than one half of the term of the lease has passed at the date on which the tenant requests an MRO lease, except where paragraph (2) applies.

This paragraph applies where a tenant requests an MRO lease during the period of 6 months immediately preceding the date on which one half of the term of the lease has passed (but see regulation 16(3A)).