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6th February 2018

Farmers Weekly Business Clinic: TRIG and agricultural tenancy reforms

Last year the Tenancy Reform Industry Group (TRIG) – a cross-industry group comprising representatives of leading agriculture sector organisations – was tasked with looking at tenancy reform in the context of Brexit, as well as the issue of improving productivity.

Cow at a farm

Amongst the raft of proposals were those concerning Agricultural Holdings Act tenancies aimed at raising the bar for succession, including the introduction of a ‘business competence’ test, new measures around the minimum and maximum retirement age for tenants, and the extension of the eligible ‘close relatives’ list beyond spouses, siblings and children.

So what do the proposals mean for someone currently looking to succeed an Agricultural Holdings Act tenancy?

Duncan Sigournay, partner and head of agriculture at Thrings, takes Farmers Weekly readers through some of TRIG’s proposals, and explains how keeping succession under constant review might be the key to a successful application.

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