435. Compensation and adjustment of rent on transfer of liability for fixed equipment.

435.     Compensation and adjustment of rent on transfer of liability for fixed equipment.

Where liability for the maintenance or repair of any item of fixed equipment1 is transferred from the tenant2 to the landlord3, whether by virtue of a written agreement made by an arbitrator or a third party4 or of an award of an arbitrator or determination of a third party bringing a written agreement into accord with the regulations5, or by virtue of the operation of the model clauses6, the landlord may require determination by arbitration and payment by the tenant of the relevant compensation7.