SCHEDULES

SCHEDULE 4Agricultural Holdings Act 1986: resolution of disputes by third party determination

I125

1

Schedule 2 (arbitration of rent: provisions supplementary to section 12) is amended as follows.

2

In paragraph 1(3) (amount of rent: arbitrator determining current level of rents for comparable lettings)—

a

after “arbitrator” insert “ or (as the case may be) the third party ”;

b

after “arbitration” insert “ or third party determination ”.

3

In paragraph 2(1) (amount of rent: duty of arbitrator to disregard increase in rental value due to certain improvements), after “arbitrator” insert “ or (as the case may be) the third party ”.

4

In paragraph 3 (amount of rent: other duties of arbitrator)—

a

in the opening words, after “arbitrator” insert “ or (as the case may be) the third party ”;

b

in paragraph (a), after “arbitration” insert “ or third party determination ”.

5

In paragraph 4 (frequency of arbitrations under section 12), in sub-paragraph (1)(c), after “arbitrator” insert “ or third party ”.

6

In the heading to the Schedule, after “ARBITRATION” insert “ OR THIRD PARTY DETERMINATION ”.