MRO

Pubs Code: Government publishes long-awaited first draft

By Emily Sutherland contact

- Last updated on GMT

Consultation on the MRO released today
Consultation on the MRO released today

Related tags: Pubs code, Landlord

The first of a two-part consultation on a new Pubs Code sets out how the “market rent only” option will work. The full consultation can be seen here. 

It implements the principle that a tenant tied to a business owning 500 or more tied pubs should be no worse off than a free-of-tie tenant. Up to 13, 000 tied tenants in England and Wales will be protected by the Code.

The second stage of the consultation, to be published soon, will cover the remaining elements of the Code.

Business Minister Anna Soubry said: “Pubs are the lifeblood of so many of our towns, villages and high-streets, playing a vital role supporting our local economies. It’s not right that some tied pub tenants are unfairly overcharged by their landlords and the Pubs Code will help ensure they get a fair deal.

“I’m looking forward to hearing from pub companies and tenants on these important proposals to put the industry on the strongest possible footing.”

Read the business minister's view of the Pubs code in practice.

Related topics: Legislation

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