- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Pubs Code etc. Regulations 2016 No. 790
28.—(1) The arrangements for the payment of deposits, including—
(a)the amount of any deposit (“the deposit”) payable by the tied pub tenant to the pub-owning business for the purposes of securing the tenancy or licence;
(b)the period for which the deposit is likely to be retained by the pub-owning business;
(c)the arrangements for paying to the tied pub tenant any interest accruing on the deposit;
(d)the circumstances in which the deposit may be required to be increased under the tenancy or licence;
(e)when and how the deposit will be repaid to the tied pub tenant;
(f)how the deposit is to be treated if the pub-owning business becomes insolvent.
(2) The information required under sub-paragraph (1) is not required to be provided to a tied pub tenant in connection with the renewal of a protected 1954 Act tenancy unless the pub-owning business proposes to change the arrangements for the payment of rent, money payable in lieu of rent and other deposits on the renewal.
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