Business Premises: Coronavirus

(asked on 14th November 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask His Majesty's Government what assessment they have made as to whether the aim of the Commercial Rent (Coronavirus) Act 2022 to “share in the impacts of pandemic” has been achieved; and what evidence they used to reach their conclusion.

Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 28th November 2022

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.

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