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Written question asked by Lord Fox (Liberal Democrat) on Monday, 14 November 2022, in the House of Lords. It was due for an answer on Monday, 28 November 2022. It was answered by Lord Callanan (Conservative) on Monday, 28 November 2022 on behalf of the Department for Business, Energy and Industrial Strategy.


Business Premises: Coronavirus

Question

To ask His Majesty's Government what communication they have had with the Approved Arbitration bodies established as a result of the Commercial Rent (Coronavirus) Act 2022.

Answer

The Department for Business, Energy and Industrial Strategy engaged with the arbitral bodies and with stakeholders to keep oversight of uptake of the scheme and to determine if initial stakeholder concerns about cost and capacity had any substance. We reminded parties in August of the closing deadlines for the submission of cases.

The deadline for the submission of cases recently passed on 23 September 2022 and arbitrators are in the process of considering the cases submitted and will be publishing the outcomes as required by the Act. The assessment of the impact of the Act is ongoing and will be published in due course.


Secondary information

Type
Written question
Reference
HL3351
Session
2022-23
Grouped for answer
Yes
Subjects
Debts Arbitration Arrears Business premises Rents Coronavirus
Legislation
Commercial Rent (Coronavirus) Act 2022
Link
View this Written question on www.parliament.uk