PCA and the Pubs Code Paul Newby Pubs Code Adjudicator Pubs Code - - PowerPoint PPT Presentation

pca and the pubs code
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PCA and the Pubs Code Paul Newby Pubs Code Adjudicator Pubs Code - - PowerPoint PPT Presentation

PCA and the Pubs Code Paul Newby Pubs Code Adjudicator Pubs Code Overview Provisions include: Rights for new tenants Rent proposal Rent assessment proposal MRO option Business Development Managers P&L template What


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PCA and the Pubs Code

Paul Newby

Pubs Code Adjudicator

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SLIDE 2

Provisions include:

  • Rights for new tenants
  • Rent proposal
  • Rent assessment proposal
  • MRO option
  • Business Development

Managers

  • P&L template

Pubs Code Overview

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SLIDE 3

Market Rent Only option

  • No worse off
  • 4 gateways
  • Strict deadlines
  • Negotiation period
  • MRO terms
  • MRO rent
  • Independent Assessors
  • What about MRO?
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SLIDE 4
  • Alternative arbitrators
  • Publication of awards
  • MRO advice note
  • Regulatory Compliance

Handbook

  • Tenant feedback

PCA focus

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SLIDE 5
  • Represents the pub company in

negotiations with tied tenants

  • Tenant must know about the

role of the BDM and the support and guidance they will provide

  • Appropriate training

Business Development Managers

The role of the BDM is pivotal to a successful tied tenant/landlord relationship

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SLIDE 6
  • Verify their pub- owning

business’s compliance with the Code

  • Guardians of the Code
  • Be reasonably available to tied

tenants

Code Compliance Officers

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SLIDE 7

LATEST FROM THE PCA

Regulatory Compliance Handbook Compliance reports Tenant Survey Tenant factsheets

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  • Tenant networks
  • Word of mouth
  • Events
  • Publications
  • Media

How can the PCA and CAMRA work together for tenants?

Sources of information on the Pubs Code

  • Trade/ tenant networks
  • Pub companies/ BDMs
  • Other
  • PCA
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SLIDE 9

QUESTIONS?

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SLIDE 10

What changes to the Code would you recommend to the Government to make it work better? What further measures could the PCA reasonably take to ensure that the tenant is not commercially disadvantaged by a possible dominant position of the pub company? QUESTIONS?

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Does the PCA monitor the structural changes taking place within the larger pub companies to inform it as to which pub companies are likely: a) to fall outside the PCA's remit and b) to become new entrants to that remit? QUESTIONS?

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Are you aware of any pub companies with exceptionally good practices when it comes to commercial relationships with their tenants right through from on boarding to exit?

QUESTIONS?

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Want to know more?

Visit www.gov.uk/pca for more information about the Pubs Code including how to contact us.

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Thank you