Legislation – The Taking Control of Goods (Amendment) (Coronavirus) Regulations 2020

New Search

Introduction

1 Citation, commencement and saving provision

2 Amendments to the Taking Control of Goods Regulations 2013

Signature

Explanatory note

Amendments to the Taking Control of Goods Regulations 20132.

(1)

The Taking Control of Goods Regulations 20132 are amended as follows.

(2)

In regulation 2 (general interpretation), omit the definition of “the 2020 Regulations”.

(3)

In paragraph (1) of regulation 52 (minimum amount of net unpaid rent for CRAR to become exercisable), for “paragraph (2)” substitute “paragraphs (2) and (2A)”.

(4)

For regulation 52(2), substitute—

“(2)

During the relevant period, the minimum amount of net unpaid rent for the purpose of section 77(3)(a) of the Act is an amount equal to—

(a)

276 days’ rent where the notice of enforcement is given on or before 24th December 2020; and

(b)

366 days’ rent where the notice of enforcement is given on or after 25th December 2020.

(2A)

During the relevant period, the minimum amount of net unpaid rent for the purpose of section 77(3)(b) of the Act is an amount equal to—

(a)

276 days’ rent where the goods are taken control of for the first time on or before 24th December 2020; and

(b)

366 days’ rent where the goods are taken control of for the first time on or after 25th December 2020.”.

(5)

In regulation 52(3), for “paragraph (2)” substitute “this regulation”.