25(1)Schedule 2 (arbitration of rent: provisions supplementary to section 12) is amended as follows.E+W+S
(2)In paragraph 1(3) (amount of rent: arbitrator determining current level of rents for comparable lettings)—
(a)after “arbitrator” insert “ or (as the case may be) the third party ”;
(b)after “arbitration” insert “ or third party determination ”.
(3)In paragraph 2(1) (amount of rent: duty of arbitrator to disregard increase in rental value due to certain improvements), after “arbitrator” insert “ or (as the case may be) the third party ”.
(4)In paragraph 3 (amount of rent: other duties of arbitrator)—
(a)in the opening words, after “arbitrator” insert “ or (as the case may be) the third party ”;
(b)in paragraph (a), after “arbitration” insert “ or third party determination ”.
(5)In paragraph 4 (frequency of arbitrations under section 12), in sub-paragraph (1)(c), after “arbitrator” insert “ or third party ”.
(6)In the heading to the Schedule, after “ARBITRATION” insert “ OR THIRD PARTY DETERMINATION ”.