Just to add a little substance to the Minister’s point about the proportionality of fees, I think it worth mentioning that in order to present their case to the arbitrator, SMEs in particular will be engaging professionals who charge fees—accountants, surveyors and possibly many others. All this presses upon the delicate P&L of SMEs and, I fear, will have the effect of reducing the numbers that seek arbitration simply because they cannot afford it. That is a supplementary point to the cost of the arbitration. I am just pointing out that there are a lot of ancillary fees.
Commercial Rent (Coronavirus) Bill
Proceeding contribution from
Lord Thurlow
(Crossbench)
in the House of Lords on Thursday, 10 February 2022.
It occurred during Debate on bills
and
Committee proceeding on Commercial Rent (Coronavirus) Bill.
About this proceeding contribution
Reference
818 c492GC Session
2021-22Chamber / Committee
House of Lords Grand CommitteeSubjects
Librarians' tools
Timestamp
2024-01-05 14:39:06 +0000
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