63 Determining rents for smallholdings


63 Determining rents for smallholdings

63 Determining rents for smallholdings

In determining the rent for a smallholding, a smallholdings authority must have regard to the rent which, in its opinion, might reasonably be expected to be determined to be the proper rent if:

  1. 63.1

        the land were already let as an agricultural holding;

  2. 63.2

        the terms of that letting, other than the terms as to rent, were those on which the authority proposes to let the land; and

  3. 63.3

        the question as to what rent should be payable had been referred to arbitration1.

For these purposes it is assumed that there would be

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