Legislation – Commercial Rent (Coronavirus) Act 2022

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Introduction

PART 1
Introductory provisions

1 Overview

2 “Rent” and “business tenancy”

3 “Protected rent debt”

4 “Adversely affected by coronavirus”

5 “Protected period”

6 “The matter of relief from payment”

PART 2
Arbitration

7 Approval of arbitration bodies

8 Functions of approved arbitration bodies

9 Period for making a reference to arbitration

10 Requirements for making a reference to arbitration

11 Proposals for resolving the matter of relief from payment

12 Written statements

13 Arbitration awards available

14 Arbitrator’s award on the matter of relief from payment

15 Arbitrator’s principles

16 Arbitrator: assessment of “viability” and “solvency”

17 Timing of arbitrator’s award

18 Publication of award

19 Arbitration fees and expenses

20 Oral hearings

21 Guidance

22 Modification of Part 1 of the Arbitration Act 1996

PART 3
Moratorium on certain remedies and insolvency arrangements

23 Temporary moratorium on enforcement of protected rent debts

24 Alteration of moratorium period

25 Temporary restriction on initiating certain insolvency arrangements

26 Temporary restriction on initiating arbitration proceedings

27 Temporary restriction on winding-up petitions and petitions for bankruptcy orders

PART 4
Final provisions

28 Power to apply Act in relation to future periods of coronavirus control

29 Concurrent power for Welsh Ministers to apply moratorium provisions again

30 Crown application

31 Extent, commencement and short title

SCHEDULES

SCHEDULE 1 Modifications of the Arbitration Act 1996 in relation to arbitrations under this Act

SCHEDULE 2 Temporary moratorium on enforcement of protected rent debts

SCHEDULE 3 Winding-up and bankruptcy petitions

PART 2Arbitration

Approved arbitration bodies

8Functions of approved arbitration bodies

(1)

An approved arbitration body has the following functions—

(a)

to maintain a list of arbitrators who—

(i)

are available to act as arbitrators under this Part (whether alone or as a member of a panel of arbitrators), and

(ii)

appear to the body to be suitable, by virtue of their qualifications or experience, to act as such,

(b)

to appoint an arbitrator or panel of arbitrators from that list to deal with the matter of relief from payment of a protected rent debt referred to the body for arbitration under this Part,

(c)

where an arbitrator appointed by the body resigns, dies or otherwise ceases to hold office, to appoint another arbitrator from that list to fill the vacancy,

(d)

to set, collect and pay its fees and the fees of an arbitrator appointed by it,

(e)

to oversee any arbitration in relation to which it has appointed an arbitrator or panel of arbitrators, and

(f)

to remove an arbitrator appointed by it from a case on any one of the grounds in subsection (2).

(2)

The grounds for removal are—

(a)

that circumstances exist that give rise to justifiable doubts as to the impartiality or independence of the arbitrator,

(b)

that the arbitrator does not possess the qualifications required for the arbitration,

(c)

that the arbitrator is physically or mentally incapable of conducting the arbitration or there are justifiable doubts as to their capacity to do so, or

(d)

that the arbitrator has refused or failed to properly conduct the arbitration, or to use all reasonable despatch in conducting the proceedings or making an award, and that substantial injustice has been or will be caused to the parties.

(3)

An approved arbitration body must ensure that an arbitrator or panel of arbitrators appointed by it under subsection (1)(b) is independent from the parties to the arbitration.

(4)

Where an arbitrator resigns, dies or otherwise ceases to hold office, an approved arbitration body must make arrangements relating to—

(a)

the repayment of any fees or expenses already paid to the arbitrator (if any), and

(b)

the arbitrator’s entitlement (if any) to fees or expenses.

(5)

Where requested by, or as agreed with, the Secretary of State, an approved arbitration body must provide a report to the Secretary of State containing details of—

(a)

the exercise by the approved body of its functions under this section, and

(b)

any arbitrations overseen by the approved body under subsection (1)(e), including the progress of, and any awards made in relation to, such arbitrations.

(6)

An approved arbitration body must publish on its website the fees payable in relation to arbitrations referred to it under this Part.