431. Stipulation for additional rent or penalties.

431.     Stipulation for additional rent or penalties.

It was once common in agricultural leases for the tenant to covenant not to do certain acts, with a stipulation that if he did them he would pay an additional rent, or a sum of money1. However, the Agricultural Holdings Act 1986 provides that notwithstanding any provision in a contract of tenancy2 of an agricultural holding3 making the tenant4 liable to pay a higher rent or other liquidated damages in the event of any breach or non-fulfilment of a term or condition in the contract, a