Legislation – Commercial Rent (Coronavirus) Act 2022

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PART 3Moratorium on certain remedies and insolvency arrangements

24Alteration of moratorium period

(1)

In this section “extension regulations” means regulations under section 9(3) extending the period allowed by section 9(2) for making references to arbitration.

(2)

Where extension regulations made by virtue of section 9(3)(a) or (c) extend that period in the case of English business tenancies, the period specified in section 23(2)(b)(i), so far as it applies in the case of a protected rent debt under an English business tenancy, is extended for the same period of time.

(3)

Subsection (4) below applies where extension regulations made by virtue of section 9(3)(b) or (c) extend that period in the case of Welsh business tenancies.

(4)

The Secretary of State may by regulations made by statutory instrument extend the period specified in section 23(2)(b)(i), so far as it applies in the case of a protected rent debt under a Welsh business tenancy, for the same period of time.

(5)

Regulations under subsection (4) must provide for the extension referred to in that subsection—

(a)

to have effect for the purposes of this Part including the purposes of Schedule 2, or

(b)

to have effect for the purposes of this Part other than the purposes of Schedule 2.

(6)

The power to make the provision referred to in subsection (5)(a) is exercisable only with the consent of the Welsh Ministers to the extension having effect for the purposes of Schedule 2 other than the purposes of paragraph 3(6) and (7).

(7)

A statutory instrument containing regulations under subsection (4) is subject to annulment in pursuance of a resolution of either House of Parliament.