000			01500cab a2200193 4500
001			ABS37967
008			090401t1987 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u7822
041			_aeng
245			_aCharles Follett Ltd v Cabtell Investments Ltd
260			_c1987
350			_a0
490			_aEstates Gazette _v283(6342) 11 July 1987, 195-199(4)
520			_aCA 5 May 1987. Appeal by landlords (L) from a decision concerning an application by tenants (T) for a new tenancy under the Landlord and Tenant Act 1954 s24A . ChD determined the length of the term and the initial rent. There was no appeal on these points. L challenged his decision in regard to the interim rent . ChD fixed the amount which would be payable by way of interim rent as follows: the rental value under a tenancy from year to year was 80,000; having regard to the old rent, reduced this by 50%, arriving at an interim rent of 40,000. Due to an undertaking by T to pay less than that amount, he declined to make such a determination. T undertook to pay 25,000 pa for a period of 2 years 9 months and thereafter 40,000 pa until commencement of the new tenancy. L contended the judge had exercised his discretion on the wrong principles. CA held the judge had not been wrong in principle in allowing a reduction of 50% for an interim rent but had not exercised his discretion properly in
650			_aLEASE RENEWAL
690			_aLANDLORD AND TENANT-CASE LAW-BUSINESS TENANCIES
942			_n0
948			_c04/03/1997
999			_c4759 _d4759