This Practice Note sets out what interim rent is, how and when an interim rent application can be made under the Landlord and Tenant Act 1954 (LTA 1954), the methods of calculating interim rent and the effect of discontinuing lease renewal proceedings on an interim rent application. What is interim rent? Interim rent is an amount which, pursuant to LTA 1954, s 24A, a tenant is to pay while its tenancy is continued pursuant to LTA 1954, s 24. For details of the requirements which must be satisfied in order for a business tenancy to be continued by LTA 1954, s 24, see Practice Note: LTA 1954 business lease renewal—termination. Note that there is no right to apply for an interim rent where a tenancy is being continued pursuant to: • LTA 1954, s 28, as a result of an agreement for the grant of a future tenancy, or • LTA 1954, s 36(2), where, following the revocation of an order granting a new tenancy, the current tenancy is continued by agreement or order to allow time for the landlord