The Pub Governing Body (PGB), which is responsible for codes of practice for companies operating under 500 pubs, and oversees PIRRS (Pub Industry Rent Review Scheme) and PICA-Service (Pub Industry Conciliation and Arbitration Service) reminds tenants and companies that the PIRRS low-cost tied rent resolution service is available as an option to companies and tenants covered by the statutory code in England and Wales.
Those companies and tenants wishing to use the service can use PIRRS to resolve tied rent issues on a mutually agreed, case-by-case basis and payment of an administration fee.
Pub Governing Body Chairman Sir Peter Luff said: “The introduction of the statutory code last year meant neither the companies covered by it, nor their tenants, could continue to use the low-cost equitable method of resolving tied rent disputes provided by PIRRS. Earlier this year the PIRRS procedure was amended to allow its use to resolve all tied rents – on a case-by-case basis and if both parties agree to use the system. We hope that ensuring this service is again available to all companies and their tenants will be widely welcomed.”
Notes to editors:
The Pub Governing Body members are six of the industry’s leading associations representing both tenants and landlords: the Association of Licensed Multiple Retailers (ALMR), Brighton & Hove Licensee Association, The British Beer & Pub Association (BBPA), The British Institute of Inn keeping (BII), the Federation of Licensed Victuallers Associations (FLVA), and the Guild of Master Victuallers (GMV).