Commercial Rent (Coronavirus) Act 2022 (c. 12)

SCHEDULES

SCHEDULE 2 E+W Temporary moratorium on enforcement of protected rent debts

Using landlord’s right to appropriate rent E+W

7 (1) This paragraph applies in relation to a payment of rent under a business tenancy which is paid during the moratorium period for the debt at a time when—

(a) the tenant owes the landlord an unprotected rent debt in addition to the debt, and

(b) the tenant has not exercised the tenant’s right to appropriate the payment to any particular rent debt owed to the landlord.

(2) The landlord’s right to appropriate the payment must be used to apply the payment to meet the unprotected rent debt before it is applied to the protected rent debt.

(3) In this paragraph an “unprotected rent debt” is a debt consisting of—

(a) rent that is not protected rent, or

(b) interest on rent that is not protected rent.

Commencement Information

I1 Sch. 2 para. 7 in force at Royal Assent, see s. 31(4)