The Code for Leasing Business Premises in England and Wales 2007 [amended 2009] promotes fairness in commercial leases, ensuring that occupiers of business premises have the information necessary to negotiate the best deal available to them.
‘You should have formal occupancy arrangements for your buildings and sites. These arrangements should be sufficient to keep your displayed and stored collections secure and allow effective forward planning. These arrangements should be long-term, which normally means for at least 12 months.’
(Accreditation standard, November 2018)