Farm Business Tenancy Agreements 2020
Since the introduction of the original Farm Business Tenancy Agreement (FBTA) suite, there have been a number of updates with the most recent in 2012, 2014, 2016 and February 2020.
The 2014 and 2016 updates were primarily to take account of the introduction of the Basic Payment Scheme (BPS) in place of the Single Payment Scheme (SPS), the associated changes to related environmental schemes and the abolition of milk quotas, as well as other changes such as the availability of the new model clauses as an alternative set of provisions concerning repairs and insurance.
The February 2020 updates were to take account of the United Kingdom’s exit from the European Union. A further review of the agreements will be undertaken once the terms of the Agriculture Bill 2020 have been settled and enacted.
See also the supplemental user notes: http://isurv.com/site/scripts/documents_info.aspx?documentID=8884&categoryID=104
The February 2020 Agreements are the current versions.